The Trump White House Brings Back Supply-Side Magical Thinking
Entertainment
There comes a time for every Republican when the irreconcilability of cutting taxes and lowering the budget deficit just won’t leave you alone. At such moments, you must cross your fingers behind your back and say: “Tax cuts pay for themselves.” In such fashion, Stephan Miran, chairman of the White House Council of Economic Advisers, lost his innocence on May 10. Miran’s reply: So, a couple things. One is that higher growth will make up revenue. And I think that lots of people consistently
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