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15K views · 201 reactions | Art Laffer recalls a conversation with Dick Cheney and Donald Rumsfeld where he explained that both overtaxing and undertaxing reduce revenues, while the right balance maximizes them. He discusses the 50-year history of the Laffer Curve on the latest episode of Capitalism and Freedom in the 21st Century with Hoover Institution Policy Fellow Jon Hartley: https://youtu.be/joSS0_hdUo4 | Hoover Institution | Facebook
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