“'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.
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