50 years of tax cuts for the rich failed to trickle down, economics study says
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https://news.ycombinator.com/item?id=25440832
The trickle down was never meant to trickle and if it had, the people who advocated it would not have advocated it. Its purpose, like that of the "business cycle", is to concentrate ownership.
Wealth never trickles down. If we’re insisting on liquid-based metaphors, we can say it “evaporates” or is “siphoned”. But it only goes in one direction, and it isn’t down.
The trickle down was never meant to trickle; and, if it could do so, the people who have advocated it would not advocate it.
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- Breakout years
- 2
- Total points
- 252
- Total comments
- 176
100+ points or 50+ comments
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reference only — not used in Hall rules or ranking
Every submission
| Date | Title as submitted | By | Points | Comments |
|---|---|---|---|---|
| 2020-12-17 | 50 years of tax cuts for the rich failed to trickle down, economics study saysFirst breakout · Best thread | NiceWayToDoIT | 134 | 154 |
| 2024-10-20 | 50 years of tax cuts for the rich failed to trickle down, economics study says | Tomte | 8 | 1 |
| 2024-11-17 | 50 years of tax cuts for the rich failed to trickle down (2020) | BerislavLopac | 6 | 2 |
| 2025-02-23 | 50 years of tax cuts for the rich failed to trickle down, economics study saysLatest 20+ point return | paulpauper | 104 | 19 |