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27 November, 22:25

Critics called President Reagan's economic plan "trickle-down economics." The term described his plan to cut taxes, allowing money to trickle down from A. consumers to investors. B. the wealthy to the poor. C. businesses to consumers. D. the wealthy to the government.

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  1. 27 November, 22:42
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    The correct answer is B. the wealthy to the poor. Basically, the idea is that if you cut taxes for the rich people, they'll be able to increase wages for poorer workers and create new jobs. However, it was often unsuccessful because the rich company owners would pay less taxes and would only enrich themselves since they wouldn't give higher salaries to the employees and to their families.
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