Friday, May 30, 2014

Trickle- down Economics

Trickle down economics works for many reasons. It makes sure that no matter how much you make, everybody is paying the same percent for what you earn. this makes it fair for the whole American population because the people who don't feel like getting jobs aren't getting away with not having to pay any taxes as well. For example, say the tax percent is 8%. If you make 100 hundred dollars a year, you would pay 8 dollars for tax. If you make $100,000,000 dollars a year then you would pay $8,000,000 in taxes. then all the left over money will "trickle-down" to the people who don't make as much. That way, the people that don't make as much money will pay less then those who make more but in actuality for what they make, they are both paying the same percent and it is equal. however the people that are more liberal believe that the people who don't make much a5t all shouldn't pay at all but how is that fair to the people that worked hard for how much they make? you are taking all there hard work and giving it to the lazy. President Regan was also a conservative who believed the same way. the more equal things are, the more jobs people could have and the more money people will then spend.

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