LISTEN LIVE: Loading...

Advertisement

 

Why trickle-down economics keeps coming back when there's evidence it doesn't create growth

05:54
Download
Play

The term trickle-down economics has been around for decades. It refers to a policy of cutting taxes on businesses and the wealthy, with the aim of growing the economy.

Advocates say these tax cuts promote investment, but a number of studies show that it doesn't work that way.

Here & Now's Scott Tong talks to NPR's Stacey Vanek Smith about why this economic theory keeps being tried when it doesn't work.

This segment aired on October 6, 2022.

Advertisement

 
Play
Listen Live
/00:00
Close