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Art Laffer: Could We Really Get Rid Of The IRS??
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The new Trump Administration has wasted no time deploying its ambitious and disruptive economic policies.
Tax cuts, aggressive trade re-negotiations, de-regulation, DOGE-driven cost reductions -- a potential new sovereign wealth fund.
What are the intended benefits of these policies? Are they likely to succeed? Are they being implemented in the right way? Might they tip the economy into recession before the long term benefits materialize?
I can think of few better people to ask these questions to than today's guest, who has served in the past as an economic advisor to President Elect Trump - as well as to many other previous presidential administrations, both Democrat & Republican
Today, we're fortunate to welcome back to the program economist Dr Arthur Laffer. He was the first to hold the title of Chief Economist at the Office of Management and Budget in the early 1970s. He then later served as a member of President Reagan's Economic Policy Advisory Board. He's perhaps best known for developing the Laffer curve, a model for determining the optimal balance between tax revenues and economic growth.
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