… up the debt in order to give massive tax breaks to the wealthiest people in the country. Because that has just never generated the growth that you know. I mean, The Laffer curve has collapsed empirically and it just doesn't work that way. Right. So I could quibble over if you're going to do debt, what's the best thing to do with it? (27:39–27:44)
CLAIM
Asserts that the Laffer curve, which suggests tax cuts can increase revenue, is empirically invalid.
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