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The term itself is used mostly by critics of the concept. The Merriam-Webster Dictionary notes that the first known use of "trickle-down" as an adjective meaning "relating to or working on the principle of trickle-down theory" was in 1944, [11] while the first known use of "trickle-down theory" was in 1954. [12]
Conservatives believed a large tax cut would "boost investment, raise employment, and jump-start the economy", [7] a theory sometimes described as supply-side economics or trickle-down economics. [5] Reducing taxes was one of Brownback's two major stated goals as governor (the other being to increase spending on education). [30]
Trickle-down theory" or "Trickle-down effect" can refer to two different but related concepts: Trickle-down fashion , a model of product adoption in marketing Trickle-down economics , a theory for tax cuts on high incomes and business activity
These include lack of education, continued economic depression, and a gross lack of transparency in the Ethiopian government, as well as many other smaller, trickle down effects. One of the greatest effects the digital divide has one Ethiopia is the lack of education.
Stockman was quoted as referring to Reagan's tax act in these terms: "I mean, Kemp-Roth [Reagan's 1981 tax cut] was always a Trojan horse to bring down the top rate.... It's kind of hard to sell 'trickle down.' So the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory."
In 1965, disgusted by what he viewed as confiscatory taxation by the British authorities -- a supertax instituted by the Labor government was taking 95 percent of top earners' income -- George ...
Trickle-down economics; Trickle-down fashion; Trickle-up economics; Trickle-up fashion; Twisted nematic field effect (display technology) (liquid crystal displays) (liquid crystals) Twomey effect (air pollution) (atmospheric radiation) (clouds, fog and precipitation) Tyndall effect (physical phenomena) (scattering)
Although you don’t have to pay off government debt directly, its effects trickle down to your wallet. Here are five key ways the national debt can affect your personal debt. 1. Increased ...