“'I don’t believe in trickle-down theory,' said the 70-year-old retired attorney from Irvine. 'The money they save — I’ve seen it in business — the money they save at the top, they keep at the top. It doesn’t trickle down.'"
It is a Leftist concept to distort what Republicans have successfully implemented to slur economic growth.
Less reward (due to higher taxes) but equal risk means that the most economically productive (aka "the 1%") are less likely to expand their businesses and/or investments. Its actually pretty simple but class warfare is much easier to sell to losers and pseudo-intellectuals.
won't really begin to hurt until a Democrat is elected president. Then, given their aversion to history, they will blame him or her, just like their squawking about the slow economic growth rate, while ignoring Obama inherited, from Bush, the worst economic recession ever.