https://www.indybay.org/newsitems/2017/05/05/18799176.php
Under the Trumpian tax reform, the corporate tax rate could fall from 35 to 15%. The drastic reduction of the corporate tax rate will lead to lower tax revenues of $2 trillion in 10 years.
The commentary of the “New York Times” hits the core: “This is not fiscal policy but a robbery led by Trump.”
RELATED LINKS
“Deep Voodoo: Review of The Big Con,” Roger Lowenstein, September 23, 2007
http://www.nytimes.com/2007/09/23/books/review/Lowenstein-t.html
“Laffer curve,” Wikipedia
https://en.wikipedia.org/wiki/Laffer_curve
“The Laffer Swerve,” Paul Krugman, April 10, 2015
https://krugman.blogs.nytimes.com/2015/04/10/the-laffer-swerve/
Project on Government Oversight (POGO)
http://pogo.org/
“Trickle-down Economics,” Wikipedia
https://en.wikipedia.org/wiki/Trickle-down_economics
