Brian Riedel, he did this paper several months ago, but he just, he did a good job because he consolidated lots of other papers and it said, hey, If you took four people making $400,000 and up, and you did this thing called tax maximization, you can get about one and a half percent of GDP. maximize their income tax to the point where the next incremental dollar becomes less. So you get your tax certel Laffer curve, you can get them this rate and then they're a capital gains tax and there's state tax. (21:35–21:39)
CLAIM
Asserts that tax maximization on high earners could yield 1.5% of GDP.
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