asked 136k views
5 votes
President Reagan's supply side economic policies called for tax cuts/benefits for the upper class that were supposed to eventually "___" and help lower income Americans

asked
User Asherlc
by
7.5k points

1 Answer

3 votes
trickle-down--the idea behind supply side economics is the money would transfer to the lower classes through jobs and wage increases.

Supply side economics provides tax cuts for the wealthy to encourage investment into new jobs or provide wage increases for workers. This policy only works though if employers move the money down.
answered
User Naytzyrhc
by
7.8k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.