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Inequality: Are the rich cashing in?

Mehdi Hasan challenges former Reagan economic adviser Arthur Laffer on whether slashing taxes helps rich and poor.

Arthur Betz Laffer (/ˈlæfər/;[1] born August 14, 1940) is an American economist who first gained prominence during the Reagan administration as a member of Reagan’s Economic Policy Advisory Board (1981–89). Laffer is best known for the Laffer curve, an illustration of the theory that there exists some tax rate between 0% and 100% that will result in maximum tax revenue for governments. He is the author and co-author of many books and newspaper articles, including Supply Side Economics: Financial Decision-Making for the 80s. Laffer is Policy Co-Chairman (with Lawrence “Larry” Kudlow) of the Free Enterprise Fund and serves on the “Board of Scholars” of the American Legislative Exchange Council. - wikipedia

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