Comments by "Titanium Rain" (@ChucksSEADnDEAD) on "Trump's Wildly Unpopular Tax Cuts Breaking Grover Norquist's Brain" video.

Trickle down economics should not be called anything because it doesn't exist.
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@jameswilson7790 Not really. "Trickle down economics" as a concept only existed in a few books and articles written by people who wanted to smear a politician (who actually did an amazing job at shifting the tax burden away from the poor and into the higher classes). There was no economic theory named "trickle down" nor any economic theory that worked in the way trickle down works. It just became common parlance because several people pushed for the term's adoption. Yes, I'm aware one guy in Reagan's administration did use the term. He's not even an economist so he knew as much about economic theory as the average reporter.
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@jameswilson7790 "The theory was rebranded Reaganomics." - you can't "re-brand" if it wasn't branded as Trickle Down in the first place. There's still no real Trickle Down theory nor any other economic theory that works like trickle down. Trickle down was merely a slander thrown at a politician who actually improved the American economy decades before and ensured that the rich carried the burden of taxation. "Yet the Republicans continue to try and try again." - Both Woodrow Wilson and JFK argued for lower tax rates to be used to increase tax collection.
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And they stash even more when taxes are high.
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Missing the forest for the trees. What happened to that million?
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@nathanmckenzie904 "if we cut taxes a company would use that money to hire or raise salaries" - but that's the oversimplified description of a process, if a company has more money but no higher need for productivity putting the money directly on the company will lead to losses. But if the money is invested not only does the state get back the capital gains tax from it, but that investment stimulates businesses. The growth of the economy can then result in higher demand for the product you make and thus you may actually have to hire more people. Instead of thinking of singular companies as a closed system one has to think about all the extra money in the economy and what companies and people will do with it.
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@nathanmckenzie904 the way something is sold has to do with how many people are able to comprehend complex concepts. Most people simply cannot dedicate their time to learning multiple subjects.
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