Trickle Down 101: A Quick Summary

April 15, 2010 by Noisy Dove

trickle-down-capitalismLiberals see the profits “The Man” makes. They want to take them and give them to people they feel “The Man” has taken advantage of in order to earn those profits.

This perspective might be “open minded” as apposed to “close minded”. But the problem with this type of thinking is that it one layer deep. Sure, you can tax Mr. Fatcat’s 100 million dollar profit. But once you do you’ll suddenly see that profit no longer there to tax. He’ll find something else to do. Or nothing changes but the price Mr. Fatcat charges his customers. (I hope for his employees’ sake he has no foreign competition.)

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