"The Laffer curve has done immense damage to the US economy in the 40 years since its inception. It also ignores a fundamental reality: tax cuts for the rich don't work.
"Each and every time state or federal governments have tested Laffer's trickle-down theory, deficits balloon, rich folks hoard their wealth at the top, and average Americans suffer."
Morris Pearl at The Guardian criticizes Donald Trump's feting of Arthur Laffer.
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