This "supply-side" economics usually tries to be pushed by the leaders of major corporations and businesses across the country. This form of economic policy became very popular around the time Ronald Reagan became president, through the idea of ​​Reaganomics. However, it was also thought to have become popular around the time Richard Nixon became president, and would later provide many ideas for economists to support supply-side arguments. The very foundation of this economic policy lay in the idea that if taxes were cut on the rich, they could try to create more jobs from the poor and circulate more money that way. This would be used primarily in the 1970s and 1980s, when presidents of that era would try to stabilize the national debt and make a change from the impact of the Great Depression to recover from large losses, and also ended up changing various aspects of the world around them by reducing taxation to less than 40% worldwide. (Gwartney) While the idea of ​​this form of spending may seem to work on paper, it is difficult to say whether or not many will comply with this form of taxation simply because it may appear to favor the wealthy in tax spending rather than the wealthy. poor, and it won't always go the way everyone wants it