what peter is describing is something that really just has never worked in the history of the last 30 years of republican trickle down supply side tax plans. so the idea here is that ronald reagan s plan worked. if you cut tacks for those at the top of the scale, far more for those at the middle or the bottom, the people at the top will somehow spend it or nvms it in a way that will create faster growth. this didn t work for ronald wray rey gan or george w. bush. it worked in reverse for bill clinton who raised taxes and got a productivity boom. this is simply supply side trickle-down economics. you can dress it up however you want, but historically it leads to an exacerbated inequality problem at the same time whacking the heck out of our fiscal casualties and it means you don t have the resources to do the infrastructure investment that you need. by the way, this holds whether you re doing donald trump s tax plan or paul ryan s tax plan. they re essentially very much