"Trickle down economics" is a lie and a scam. A way for the GOP to pay their puppet masters. Did trickle down economics work for Reagan?
"upper income Americans were the main direct beneficiaries of tax cuts in the early 1980s. there is no evidence in our data that those benefits have trickled down to lower-income Americans."
Warren Buffett said that he was taxed at 17.7% on the $46 million he made last year while his secretary, who earned $60,000, was taxed at 30%.
That is what the GOP is fighting for. I think Buffet knows a bit about money. You might care to hear what he has to say.
UPDATE: Obama caves. The puppet masters win again. The GOP push their "Leave No CEO Behind" policy. Bernie Sanders to the rescue?
George Carlin can explain it to you:
(H/T - Shelly Stone)