Tuesday, October 16, 2012

Republican Tax Policy Explained and Debunked

It must be an election year, 'cause I got a political one for you... How can Mitt Romney promise a 20%  tax cut for all Americans and somehow claim that it will be "revenue neutral?" Through the magic of the Laffer Curve. This video explains who Arthur Laffer is, what his economic theories are, and how they have shaped Republican tax policy more than 30 years.


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