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Taxes Have Consequences gives new House Republican majority historical blueprint for economic success

Taxes Have Consequences gives new House Republican majority historical blueprint for economic success
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United statesArthur lafferDonald trumpBrian domitrovicWilliam rockefellerJeanne cairns sinquefieldArthurb lafferGetty imagesTaxes have consequencesPresident donald trumpJobs actHave consequencesArt lafferTaxes have

Memo to the New Congress: Taxes Have Consequences

Memo to the New Congress: Taxes Have Consequences
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United statesJoseph bidenAnika horowitzJanet yellenArthur lafferThomas pikettyBarack obamaacknowledgedPaul volkerPresident joseph bidenSecretary janet yellenTaxes have consequencesSmoot hawley tariffFederal reserveHave consequences

Taxes have consequences — but not for the rich

“If you pursue an economic strategy of cutting taxes, cutting spending, and reducing government, it will lead to a failure,” Commerce Secretary Gina Raimondo said at a recent Brookings Institute event. But just a few short years ago, we saw the U.S. poverty rate drop to its lowest rate ever and the unemployment rate fall to 3.5% as a result of the Trump tax cuts.

United statesGina raimondoRichard nealBrian domitrovicArthurb lafferBrookings instituteSecretary gina raimondoTaxes have consequencesHouse waysMeans chairmanHave consequencesArt lafferTax rates