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

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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.


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