Search results
Results from the WOW.Com Content Network
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]
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
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."
A trickle-down theory that supplies a cultural context can predict not only the fact that the fashion change will take place but also the direction and properties of the change. [1] The affordability aspect of the trickle-down theory is still highly applicable to the contemporary fashion industry. This can be seen, for example, when looking at ...
Supply-side economics is a macroeconomic theory postulating that economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade. [1] [2] According to supply-side economics theory, consumers will benefit from greater supply of goods and services at lower prices, and employment will increase. [3]
The US Federal Tax Revenue as % of the GDP decreased from 18.5 to 17.4 from 1980 to 1990. [10] However, actual tax revenue increased from $517 billion up to $1.0 trillion as the GDP more than doubled, growing by 109% (from $2,857 trillion to $5,963 trillion) during this time period.
Middle-out economics is held in opposition to Reaganomics, sometimes referred to as trickle-down economics. The term middle-out economics was coined by Eric Liu, a former speechwriter for Bill Clinton, and Nick Hanauer, a venture capitalist. [6] Middle-out economics is a part of Bidenomics. [7] [8]
These policies were labeled by some as "trickle-down economics", [26] though others argue that the combination of significant tax cuts and a massive increase in Cold War related defense spending resulted in large budget deficits, [27] an expansion in the U.S. trade deficit, [27] as well as the stock market crash of 1987, while also contributing ...