So the next question is simply, “What do the experts on your staff tell you that the top marginal tax rate should be in order to maximize tax revenues, leaving everything else about the tax code the same?” Journalists should relentlessly ask it of the Republican leadership in Congress who continue to make fallacious claims, and the Democratic leadership in Congress ought to ask it politely in a letter to CBO Director Doug Elmendorf.
Andrew Samwick, nailing the Laffer Curve. Add to the list of things an agile Democratic party could positively eviscerate the GOP with by attacking their perceived strengths and, you know, turning them into colossal weaknesses. See: Marriage, getting the government completely out of.