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FOCUS: Greg Palast | Trump Stumped: Tax Cut Based on His D-Student Misunderstanding of Economics
Greg Palast, Greg Palast's Website
Palast writes: "Trump claims his big tax cut will pay for itself based on his D-student misunderstanding of the 'Laffer Curve.' Economist Art Laffer, my mentor at U Chicago, showed how cutting taxes could produce more tax revenue, a theorem he famously drew on a napkin."
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Greg Palast, Greg Palast's Website
Palast writes: "Trump claims his big tax cut will pay for itself based on his D-student misunderstanding of the 'Laffer Curve.' Economist Art Laffer, my mentor at U Chicago, showed how cutting taxes could produce more tax revenue, a theorem he famously drew on a napkin."
READ MORE
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