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Date
Summary
Art Laffer: Harris Doesn’t Understand the Corporate Tax Cut (clip)
Subjects
Source
Fox Business Network

Name: Fox Business Network
URL: http://www.foxbusiness.com/index.html
Show
Kudlow Weekend (FOX)

Name: Kudlow Weekend (FOX)
URL: https://www.foxbusiness.com/shows/kudlow
Persons
Larry Kudlow
, Art Laffer

Name: Larry Kudlow
Employment: CNBC
Position: Host, Economist

Name: Art Laffer
Position: Economist
Event
Event location
–
Link
–
Original recording
Uploaded
09/09/2024 10:45 am
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Type
Audio
Format
MP3
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Duration
0:00:57
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Transcript
RUSH TRANSCRIPT KUDLOW The ░░░░░░░░ tax rates there s ░░░░░░░░ piece by Larry Lindsey ░░░░░░░░ wrote the growth experiment ░░░░░░░░ the Reagan tax cuts ░░░░░░░░ 2017 before the tax ░░░░░░░░ was put into place ░░░░░░░░ income tax revenues were ░░░░░░░░ billion In 2 023 ░░░░░░░░ have 410 billion go ░░░░░░░░ 312 to 410 The ░░░░░░░░ said by last year ░░░░░░░░ only be at 358 ░░░░░░░░ are at 410 Corporate ░░░░░░░░ are 14 5 higher ░░░░░░░░ officially estimated which shows ░░░░░░░░ scoring and revenue feedback ░░░░░░░░ from less tax avoidance ░░░░░░░░ stronger economic growth I ░░░░░░░░ t think the corporate ░░░░░░░░ cut cost us a ░░░░░░░░ We made money and ░░░░░░░░ terms over a period ░░░░░░░░ less 10 year budget ░░░░░░░░ 2016 this is 2024 ░░░░░░░░ years we are well ░░░░░░░░ Larry Lindsey chronicles this ░░░░░░░░ The tax cuts and ░░░░░░░░ act paid for itself ░░░░░░░░ revenues were much higher ░░░░░░░░ that this paid for ░░░░░░░░ a lot of return ░░░░░░░░ but as you say ░░░░░░░░ taxes are up but ░░░░░░░░ you look at is ░░░░░░░░ corporate tax rate down ░░░░░░░░ much They have lower ░░░░░░░░ los unemployment benefits and ░░░░░░░░ is one of the ░░░░░░░░ has with Kamala Harris ░░░░░░░░ she tries to raise ░░░░░░░░ tax rate back to ░░░░░░░░ one to 28 it ░░░░░░░░ the magic that was ░░░░░░░░ By Trump s corporate ░░░░░░░░ cut leads to a ░░░░░░░░ situation Does she really ░░░░░░░░ corporations and rich people ░░░░░░░░ so dumb as not ░░░░░░░░ shelter their income or ░░░░░░░░ it offshore Of course ░░░░░░░░ know how to do ░░░░░░░░ Lowering the rates makes ░░░░░░░░ fair and they pay ░░░░░░░░ lot more just like ░░░░░░░░ always have done.”
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