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What we talk about when we talk about trickle-down economics

Sen. John Thune (R-SD), speaks to reporters about the proposed Senate Republican tax bill, after attending the Senate GOP policy luncheon, at US Capitol on November 14, 2017 in Washington, DC. Mark Wilson/Getty Images

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Catherine Rampell of The Washington Post and Linette Lopez of Business Insider join us to discuss this week’s business and economic news. We discuss the viability of trickle-down economics, the concept the new GOP tax bill is built upon, and it’s rocky history in the public eye. We also talk about the differing versions of the tax bill going through both the Senate and the House. Plus, how will this tax bill truly affect both smaller and larger businesses? 

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