The so-called "trickle down effect" and similar arguments are veils, designed to hide the way in which the tax system channels income up rather than down.

Question

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The statement asserts that arguments like the "trickle-down effect" are meant to conceal the fact that the tax system actually channels income upwards, which suggests that the statement is true.

The So-Called "Trickle Down Effect" and Similar Arguments Are Veils