Not Reagan but Milton Friedman.

"Trickle Down Theory" Of course money comes from the top down! Do tomato pickers in Florida create jobs? Does anyone ever spend their way out of poverty? Have you or anyone in your family created jobs? 40% of the US GDP already comes from the government. Do you propose that we tax everyone above some random income, so that the government can spend it to provide employment to the masses?

Work is created by people, that through their inventiveness, design a product or service that the masses want, thereby creating jobs for the masses. Without the millionaires and billionaires of the world spending their money there would be little work to be had.