The Trump administration says it wants lawmakers to pass the Republican tax overhaul plan by the end of the year. It aims to spur revenue by cutting taxes for U.S. businesses and earners, including the country’s wealthiest. Arthur Laffer is considered by many to be “the father of supply-side economics,” the theory that forms the backbone of the current overhaul plan.
Here & Now‘s Jeremy Hobson speaks with Laffer, who was also a Trump campaign adviser and an adviser to President Ronald Reagan.
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