{"id":22588,"date":"2022-06-03T17:08:53","date_gmt":"2022-06-03T15:08:53","guid":{"rendered":"https:\/\/phoneenglish.es\/blog\/?p=22588"},"modified":"2022-07-04T08:23:55","modified_gmt":"2022-07-04T06:23:55","slug":"trickle-down-economics","status":"publish","type":"post","link":"https:\/\/phoneenglish.es\/blog\/2022\/06\/trickle-down-economics\/","title":{"rendered":"Trickle-Down Economics"},"content":{"rendered":"\n<p><strong><em>C1 &#8211; Advanced<\/em><\/strong><\/p>\n\n\n\n<p>Tax cuts for the wealthy is implemented in order to ideally boost the economy by creating more jobs. Thus, providing income for everyone else. As the wealth tax continues, more and more economists hypothesized that these wealth from 1% of the population has not been able to reduce poverty.<\/p>\n\n\n\n<p>Let&#8217;s watch the video and know more about the trickle-down economics.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Do tax cuts stimulate the economy? - Jonathan Smith\" width=\"580\" height=\"326\" src=\"https:\/\/www.youtube.com\/embed\/wCLP3djiKvM?start=197&#038;wmode=transparent&amp;rel=0&amp;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><strong>Discussion Questions<\/strong>:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>What is trickle-down economics and does it actually work?<\/li><li>Do you have tax cuts for the wealthy and big corporations in your country? What do you think of this?<\/li><li>Does increasing workers&#8217; take-home pay translate to increased household demand? Explain.<\/li><li>What do you think would improve the circumstances of the less wealthy? <\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>C1 &#8211; Advanced Tax cuts for the wealthy is implemented in order to ideally boost the economy by creating more jobs. Thus, providing income for everyone else. As the wealth tax continues, more and more economists hypothesized that these wealth from 1% of the population has not been able to reduce poverty. Let&#8217;s watch the [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[298,297,489,125,290,14],"class_list":["post-22588","post","type-post","status-publish","format-standard","hentry","category-homework","tag-advanced-english-cae","tag-c1-advanced","tag-cae","tag-economy","tag-listening","tag-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trickle-Down Economics | phone english blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/phoneenglish.es\/blog\/2022\/06\/trickle-down-economics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trickle-Down Economics | phone english blog\" \/>\n<meta property=\"og:description\" content=\"C1 &#8211; Advanced Tax cuts for the wealthy is implemented in order to ideally boost the economy by creating more jobs. Thus, providing income for everyone else. As the wealth tax continues, more and more economists hypothesized that these wealth from 1% of the population has not been able to reduce poverty. Let&#8217;s watch the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/phoneenglish.es\/blog\/2022\/06\/trickle-down-economics\/\" \/>\n<meta property=\"og:site_name\" content=\"phone english blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/phoneenglish.es\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-03T15:08:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-04T06:23:55+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@phoneenglishes\" \/>\n<meta name=\"twitter:site\" content=\"@phoneenglishes\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"1 minute\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/#organization\",\"name\":\"PHONE ENGLISH\",\"url\":\"https:\/\/phoneenglish.es\/blog\/\",\"sameAs\":[\"https:\/\/facebook.com\/phoneenglish.es\",\"https:\/\/www.linkedin.com\/company\/phoneenglish\",\"https:\/\/twitter.com\/phoneenglishes\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/phoneenglish.es\/blog\/wp-content\/uploads\/2020\/05\/phone-english1.png\",\"contentUrl\":\"https:\/\/phoneenglish.es\/blog\/wp-content\/uploads\/2020\/05\/phone-english1.png\",\"width\":200,\"height\":124,\"caption\":\"PHONE ENGLISH\"},\"image\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/#website\",\"url\":\"https:\/\/phoneenglish.es\/blog\/\",\"name\":\"phone english blog\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/phoneenglish.es\/blog\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/2022\/06\/trickle-down-economics\/#webpage\",\"url\":\"https:\/\/phoneenglish.es\/blog\/2022\/06\/trickle-down-economics\/\",\"name\":\"Trickle-Down Economics | phone english blog\",\"isPartOf\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/#website\"},\"datePublished\":\"2022-06-03T15:08:53+00:00\",\"dateModified\":\"2022-07-04T06:23:55+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/2022\/06\/trickle-down-economics\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/phoneenglish.es\/blog\/2022\/06\/trickle-down-economics\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/2022\/06\/trickle-down-economics\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/\",\"url\":\"https:\/\/phoneenglish.es\/blog\/\",\"name\":\"Blog\"}},{\"@type\":\"ListItem\",\"position\":2,\"item\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/2022\/06\/trickle-down-economics\/#webpage\"}}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/2022\/06\/trickle-down-economics\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/2022\/06\/trickle-down-economics\/#webpage\"},\"author\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/#\/schema\/person\/76165f65d4ee87fd79bb66a66b047cd7\"},\"headline\":\"Trickle-Down Economics\",\"datePublished\":\"2022-06-03T15:08:53+00:00\",\"dateModified\":\"2022-07-04T06:23:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/2022\/06\/trickle-down-economics\/#webpage\"},\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/#organization\"},\"keywords\":[\"Advanced English CAE\",\"C1 - 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