Answered

At Westonci.ca, we connect you with the best answers from a community of experienced and knowledgeable individuals. Explore a wealth of knowledge from professionals across various disciplines on our comprehensive Q&A platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

"In your opinion, did trickle-down economics help the United States economy recover from a dismal decade in the 1970s?"

Sagot :

Nyctalus

Answer:

No

Explanation:

In simple words, the trickle down economics actually worsened the situations. The trickle-down hypothesis begins with a reduction in corporate income taxes as well as less regulations.

The administration collects more tax income as a consequence of the broader economic growth—enough to cover the cost of the initial tax reductions for the affluent and businesses.

Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.