User:Heavy Chaos

Private ideas for improvement

• Look up "percolator therory" as an alternative term. Saw in this 1983 journal https://digitalcommons.coastal.edu/cgi/viewcontent.cgi?article=1104&context=jops

• For a strong history section link to Reagan's taxing policies, the following in the usage>politics could be trimmed and added:
  • Ronald Reagan's former budget director, championed Reagan's tax cuts at first, but later became critical of them and told journalist William Greider that "supply-side economics" is the trickle-down idea:^[1][2]

  • It's kind of hard to sell 'trickle down,' so the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory.

    — David Stockman, The Atlantic

  • Political opponents of the Reagan administration soon seized on this language in an effort to brand the administration as caring only about the wealthy.^[3]

Recently updated

These items were recently done. Waiting to see if any reverts, etc, before moving to the progress section.

• Get UK examples of tax/econ policies that were called "trickle down" listed in the lead.
  • CURRENTLY IN THE HISTORY SECTION: Friedrich Hayek's economic theories have also been described as trickle-down and associated with Margaret Thatcher and Reagan.^[4][5]
    • Remove after adding below suggestion sentence.

• Suggested sentence:

Major US examples of what critics have called "trickle-down economics" include the Reagan tax cuts,^[6] the Bush tax cuts,^[7] and the Tax Cuts and Jobs Act of 2017.^[8] Major UK examples include the tax cut policies of Margaret Thatcher,^[6] the economic policies of Friedrich Hayek,^[9] and Liz Truss's mini-buget tax cuts of 2022.^[10]

Ancillary projects

• Connected articles may have no mention of "trickle down" criticisms. This should be addressed on major ones, like Thatcher and Reagan.
• Remove voodoo economics redirect to reaganomics when to how to edit the page
• Trickle-up economics is terrible. Should be deleted and the minimal usage that does exist should be noted in a section on trickle down article. Recently (Mar 8 2023) removed some bad sources, unsourced material, etc. Trying to prune out the crap and see what remains. There's some good stuff, but not really enough for an article. A section on trickle down is optimal.
  • This small section on Tax#Reduced_inequality is interesting. If the trickle down article must have effects of policy implementations in it, then "progressive taxes increase income inequality" is an interesting counterpoint to what is currently being pushed there.
  • Recently added a trickle up section to trickle down. Probably will add a little more than request deletion of trickle up article. Proposed text:
    • To juxtapose competing economic and political ideas, the terms trickle up and bottom up have been used. For example, the principle behind the Obama administration's actions was referred to as trickle-up economics,^[11] but the term bottom-up economics was also used.^[12] Biden's American Rescue Plan was also referred to as trickle up.^[13] Accompanying labeling differed from most trickle down labels in that both Obama's and Biden's approaches were characterized as spending heavy programs, rather than tax cuts in any particular tax bracket.^[14][15] At the same time, some criticisms of Obama's economic policy were labeled trickle up.^[16]
    • was reverted. Discussing