Trickle-down economics has been shown to work for taxpayers and
businesses in extremely high tax brackets, say 50% plus, but
every empirical study including those by the CBO have suggested
very modest impacts on economic growth and negative effects for
the budget deficit. Politicians have never been obligated to
rely on facts or truth so they spout unfounded theories that do
not apply to a global economy. Only transformational
technologies or cheaper resources will really spur economic
growth, although lower taxes on corporate America would be
generally beneficial. Lynn Reaser, Point Loma Nazarene
University Generally, tax cuts lead to more economic activity,
which is why they have been part of most stimulus programs,
including those implemented by both Democrats and Republicans.
The structure of cuts will determine their impact. Tax cuts
focused on household spending will tend to have a more immediate
effect, while cuts promoting saving and investment will have a
longer term impact. The major constraint limi