Community and Government

Trickle-Down Economics: The Basics of Trickle-Down Theory

Written by MasterClass

Last updated: Oct 5, 2022 • 4 min read

Throughout history, politicians have cut taxes for wealthy people and corporations to spur widespread economic growth. Economists debate how well this trickle-down theory works in practice. Some believe it’s the key to far-reaching prosperity while others think it’s a giveaway to the rich at the expense of the everyday worker. Learn more about trickle-down economics.