“Trickle down” is the biggest myth ever perpetrated on the American public. The top 1% controls more of the wealth than ever, yet there is a lack of well paying jobs. That’s because they’re hoarding all the money
And this is coming from Bruce Bartlett, a former policy adviser to Ronald Reagan, who by his own account, helped spur the trickle down myth in the first place.
We’ve moved into cult-like territory with these modern day Republicans. Total disregard for reason and blind loyalty to conservative dogma. Bald faced in their agenda to appease the 1%.
The best growth in recent memory came after President Bill Clinton raised taxes in the ’90s.
Myth: The federal corporate tax is too burdensome. Fact: Due to copious loopholes, profitable corporations pay slightly more than half the statutory tax rate. And some of the biggest corporations often ZERO out their federal taxes or pay rates in the single digits. Read all about it: www.itep.org/corporatestudy