Quote:
Originally Posted by David Sklansky
I predict that the tax windfall for corporations and the rich will trickle down more than expected. Not because of economic theory but rather because I think that the rich will see this as a short term opportunity to "rescue" a discredited theory long enough to help them win elections.
Bizarre. What mechanism do you think the rich will use in their attempt to rescue the theory? Which rich will do it, how will they make the decision, collaborate and enforce participation?
I predict some rich people will donate to The Heritage Foundation so they can write papers claiming that trickle down worked.