Place an X in front of ONE of these statements that best describes the concept of “trickle down economics,” also known as Reaganomics. Make sure you’ve read the paragraph above where you see “Reaganomics” on slide 2 of 6. Think carefully about what you read.
___Tax cuts go to the rich, and the rich use the money saved to re-invest into their businesses, thus creating more jobs and opportunities.
___Tax cuts go to the poorest, and they use that saved money to pay bills and rent, etc.