Art Laffer: Cutting Corporate Tax Rate Will Be an ‘Enormous Elixir’ for Economic Growth and Job Creation

‘The corporate tax rate reduction expands wages and it expands employment dramatically’

RUSH EXCERPT:
LAFFER: "This helps a lot. What I think the president said is correct. The corporate tax rate reduction expands wages and it expands employment dramatically. Most economists agree that the real key to getting economic growth is bringing that corporate rate down from 35% hopefully to 15%, but 20% is where they propose it now. That should be an enormous elixir to economic growth and create jobs. Literally get people off the dole and put them on the jobs and raise wages and increase the number of people working. It will be a great thing for the U.S.. "

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