Trickle Down and Tax Cuts
This column by ACRU Policy Board Member and Professor of Economics Dr. Walter E. Williams was published October 3, 2012 on Townhall.com.
Dr. Thomas Sowell’s “‘Trickle Down Theory’ and ‘Tax Cuts for the Rich'” has just been published by the Hoover Institution. Having read this short paper, the conclusion you must reach is that the term “trickle down theory” is simply a tool of charlatans and political hustlers.
Sowell states that “no such theory has been found in even the most voluminous and learned histories of economic theories.” That’s from a scholar who has published extensively in the history of economic […]

