Trickle down is a political term. Economists know that wealth trickles up. It is only moved back down with taxes. Non-economists have a saying for this, “the rich get richer”. Economists have a formula for this: r > g
And inheritance is one of the biggest source of inequalities hence why Piketty proposes a massive tax on inheritance to be redistributed equally as a universel basic inheritance to young people. There are hard core scientific papers behind it but this is a popularized article I have found: https://goodmenproject.com/featured-content/fairer-taxes-and-inheritance-for-all-the-economic-plans-of-star-economist-piketty/. Problem is inheritance is an extremely touchy topic, most people have the deeply rooted instinct to give everything to there children and can't think rationally about it.
Pickle down Rickonomics
High capacity pump up, and a trickle down.
To get a real trickle down effect, you'd need to tax them and watch the tears trickle down.
How about off with their heads since they'll just find ways to dodge taxes?
Just rid them of all their money. 100%
What are you talking about? As someone in the middle class it's been nothing but golden showers for me.
I told you, when i'm finished, you can have what's left!
Proceeds to throw up on the floor and continues eating.
Let's stop pretending Ronald Reagan could do anything but read a script
"He was just a puppet" is both untrue and too forgiving of his agency in being the worst thing to happen to America since...
Well, actually, he's got a lot of competion even in the 70's, like the enslavement of hundreds of thousands of young men to fight an unjust war.
Wealth can only be obtained by taking wealth from others and the easiest way is taking from the unwealthy.
Why do they call themselves unwealthy if they aspire to get wealthy? 🤔
Such a bad analogy. Only slightly better if he'd freeze most of it, and sell a tiny part at an inflated prize due to the scarcity.
He has more in the freezer that he also won't share ( ͡❛ ︹ ͡❛)
He also owns all of the grocery stores, food distributors, trucking companies, farms, laborers, and politicians to remove safety laws and taxes concerning all of those, for a better analogy.
I think I feel a trickle but I think it's just piss.
"You can have what's left!"
"But there's never anything left!"
Remember when Obama's government made the Bush Tax Cuts permanent?
Cherry picking probably won't work on Lemmy:
Obama overcame the sunset provisions and made the tax cuts permanent for single people earning less than $400,000 per year and couples making less than $450,000 per year, but did not stop the sunset provisions from applying to higher incomes, under the American Taxpayer Relief Act of 2012.
Congress, while Obama was President, made the tax cuts for poor and middle class people permanent. The tax cuts for the rich were always permanent.
Hey, at least it's not the R Kelly trickle down economics.
It won't "trickle down". You need to actually work hard.
🥾 👅
Lmao I bet the billionaires are working so fuckin hard stealing people's money.
No shit, numbnuts. None of us are getting our fair share.
What, in your mind, does "working hard" look like? Do you think the average lower- and middle-class adult doesn't already work hard? Especially harder than they did 20, 40, and 60 years ago? Can you name a time when you think people worked harder than they do today to achieve the same level of comfort and happiness? Do you have to go all the way back to pre-agricultural times?
People in the depression definitely worked harder than people do now. Jobs were like "selling tomatoes from a cart" and "guy who sands the paint off old boxes to sell them as new ones".
The 60s and 70s were a time of unprecedented increase in standard of living for many people in the US. You could see the Rolling Stones live for like $5, and pay for a car (in full) with a part time job. We are not going to see that again, so don't compare life now to that.
Translation: “boots are delicious! I love licking ‘em!”
This is the mantra of the lazy and spoonfed, who pretend they earned anything they have
We all know you dont work for shit
I dunno the source context (looks very Family Guy/American Dad?) but the image by itself is so... Creepily unsettling. 😐
Family guy, Season 4 Episode 19: https://m.youtube.com/watch?v=jHFTATeWH5g
Thanks for the context!
Yep even in the pocket-dimension of a nonsense Family Guy bit, it's still creepy and unsettling! Lol
Any minute now!
