EPQ plan
introduction
showing a balanced argument
positive comments - it has worked before
however it has shown to have many drawbacks
bold hypothesis
in 30 years our economy has never experienced such turmoil. post brexit, post covid and the Ukranian war
this combination of uncertnty, pressure and rapid economics decline led to Lizz truss employing a bold strategy to jump start the economy
i wanted to explore the possibility and scope for success of the trickle down theory, taking into account the drawbacks. this led me to further examine and analyse both existing secondary and current primary data, in order to generate a hypotheses.
part 1
background of the economy
further research and existing evidence so i can formulate a prediction
the history of trickle down economics
how trickle down economics has worked
part 2
where has it worked before and why am I arguing this
i want to find out why it didnt work this time
why has it been successful in different countries
the effects of tax cuts on economic growth and revenue
key success factors
research, information and interpretation
analysis of survey
primary data conclusion
japan
united states
south korea
click to edit
the economic theory behind it all
potentially talk about why it is better than other theories
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why not trickle down economics
what has led to heavy state intervention
a lack of eu
why do high taxes not affect the rich
if taxes are lower then more businesses are likely to set up and potentially move the UK as they are attracted by the greater availability for profits
lizz truss used the theory at the wrong time
more businesses in the uk means there are more jobs created
more induviduals paying tax
set up LLC
less wealthy will be setting up private companies in which they pay their wealth into paying 0 tax.
tax havens