Economic-Theory

Supply-Side Economics Failure: Empirical Evidence Debunks Trickle-Down Theory

| Importance: 8/10

Empirical evidence systematically disproves Reagan’s supply-side economic theory—the claim that tax cuts for the wealthy would generate economic growth benefiting all Americans through “trickle-down” effects. Statistical analysis reveals the correlation coefficient between top tax …

Ronald Reagan Arthur Laffer David Stockman Greg Mankiw Congressional Budget Office supply-side-economics trickle-down reaganomics economic-theory tax-policy
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