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Art Laffer: Trump Tax Plan 'Panders' to Dems on Rate Cuts

(Newsmax TV's "Newsmax Now")

By    |   Friday, 29 September 2017 08:32 PM

President Donald Trump's budget blueprint is pro-growth — and "it panders to the Democrats by not cutting the highest tax rates," renowned economist Art Laffer told Newsmax TV on Friday.

"I don't see any reason why anyone would vote against this tax bill," Laffer told "Newsmax Now" host Bill Tucker in an interview.

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"It's really pro-growth," he added. "It panders to the Democrats by not cutting the highest tax rates which should be cut as well.

"It's a very pro-growth," he added. "This should really rocket-ship the economy.

"Really gets growth rates way, way up."

Trump announced his budget outline Wednesday in Indianapolis hours after Republican congressional leaders presented the plan on Capitol Hill.

"I'm a Kennedy Democrat who's a Reagan-Trump Republican in economics," Laffer told Tucker. "Kennedy said the best form of welfare is still a good high-paying job.

"There is nothing like economic growth.

"Growth solves all sorts of problems, not only economic problems," he added. "It helps control opioid problems. It helps control suicides.

"It has huge ramifications when you have families that have good, high-paying jobs and prosperity.

"Riots will go way down," Laffer said. "All secondary and ancillary benefits occur."

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President Donald Trump's budget blueprint is pro-growth — and "it panders to the Democrats by not cutting the highest tax rates," renowned economist Art Laffer told Newsmax TV on Friday.
Art Laffer, President Donald Trump, tax plan, democrats
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2017-32-29
Friday, 29 September 2017 08:32 PM
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