Tax Cuts Don't Work: A Libertarian Alternative to the Laffer Curve

For 40 years, Art Laffer has defined libertarian economic policy. We have been told that if we just cut taxes, the budget deficit will go away, government will be small and the world will be a better place for everyone. But the truth is that our three Laffer-inspired tax reforms - Reagan, Bush and Trump - have actually helped grow government even bigger. They have also contributed to a chronic budget deficit in an almost stagnant economy.

The Laffer Curve has lived past its best-before date....