Revisiting the Reagan Tax Cuts

Jimmy Pethokoukis, a columnist and blogger at the American Enterprise Institute, recently appeared on my friend Bill Bennett’s radio show. Based on his comments on Bill’s show, Jimmy wrote an article entitled “The right needs to get real on Reaganomics,” claiming that the Reagan tax cuts didn’t pay for themselves. Bill Bennett asked for my take on the issue, and here is my response:

 

Link to study: Through the Laffer Lens – Revisiting the Reagan Tax Cuts