What was the philosophy behind the failed TRICKLE DOWN policy of Herbert Hoover? Group of answer choices Tax rates and benefits for corporations and the wealthy will benefit (trickle down to) everyone else. Tax breaks for middle income earners will trickle down and stimulate the financial market. Tax rates and benefits for the wealthy trickles down and creates income equality. Less regulation leads to a stagnant economy that trickles down which the high wage earners, as well as middle and lower wage earners, reaping massive dividends