You’re describing the Laffer curve.
Much of Reagan’s trickle down stuff was based on the idea that we were on the wrong side of the peak.
Much of Reagan’s trickle down stuff was based on the idea that we were on the wrong side of the peak.
In reality higher taxes implies higher spending, and different countries spend differently. It's entirely possible that the peak of the curve moves based on where you plan to spend the money. If you proposed a 5% tax increase to build the supports to take on Taiwan in semi, then you probably have a curve that looks different than a 5% tax increase to start a war.