Bruce Bartlett, domestic advisor to Ronald Reagan, admits that tax cut trickle-down schemes amount to a "myth." He argues instead that Bill Clinton's tax hike of 1993 was followed by "the most prosperous decade in recent memory."
From "I helped create the GOP tax myth. Trump is wrong: Tax cuts don’t equal growth" which appeared in the Washington Post:
"The flip-side of tax cut mythology is the notion that tax increases are an economic disaster — the reason, in theory, every Republican
in Congress voted against the tax increase proposed by Bill Clinton in
1993. Yet the 1990s was the most prosperous decade in recent memory. At
37.3 percent, aggregate real GDP growth in the 1990s exceeded that in
the 1980s."
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