The Tories’ plan to make the rich richer
Daily Politics from the New Statesman
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The Idea of Trickle Down Economics
Lis trust has been fairly open that she's a believer in the idea of trickle down economics. But yet, i mean, we had the cap on banker's bonusis being removed. We had the national insurance rise being removed - which will benefit those at the top end of the earning scale the most. So this isn't really about fairness. In fact, it is the opposite of that. It's an ideological idea that the best way to grow the economy is to incentivise the richest and the biggest companies to work more and to produce more. That's an ideological position which kind f works in an economic textbook, but doesn't necessarily work in an economy where there are lots of other
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