
Why Wealthy People Pay Less Taxes Legally
Valuetainment
00:00
Trickle Down Economics Doesn't Work
In 19 31, our top marginal tax rate was 25 %. It goes all the way down under truman, it goes back up to 92%. Then comes ike, ike, 91 %. And tin comes everybody else. So many times when you talk about ragan economics, he actually raised corporate taxes slightly. But what he did, you'll hear a lot of people saying this, trickle down economics doesn't work. Trickle down economic doesn’t work. The government has been tweaking this long time and they really just found some tools that worked for them.
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