Voodoo Economics Trend 2026

Dubbed by critics and later embraced by some proponents, this term describes supply-side economic policies prioritizing tax cuts for the wealthy and corporations. The theory posits that reduced tax burdens stimulate investment, job creation, and overall growth, ultimately boosting government revenue. While beneficiaries are primarily high-income earners and businesses, advocates argue the resulting prosperity trickles down to all economic classes through expanded opportunity.