The Whitehall Ledger - Serving Southern Jefferson County in the Great State of Montana

We've Been Trickled Down Upon Enough

 

February 24, 2021



The Legislature is now considering the Gianforte tax policy: cutting income taxes for the wealthy with the promise that a windfall for those at the top will somehow “trickle down” to the rest of us.

That familiar refrain is called “supply-side economics.” It’s been told and retold for decades by politicians and hucksters, but it’s not true. It’s a political-economic lie repeated so often for such a long-time that many inherently believe that it is true.

But check out the Kansas nightmare where cutting taxes for the wealthy created a fiscal disaster, falling bond ratings and...



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