Conservative Economist Ben Stein: Trump’s Tax Cuts For The Rich Won’t Stimulate Business And Will Increase Deficits
Stein: "The Evidence That Tax Cuts Stimulate Business In Any Kind Of Meaningful Way … Is Extremely Poor”
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From the August 12 edition of Fox Business’ Making Money with Charles Payne:
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CHARLES PAYNE (HOST): What do you think?
BEN STEIN: Well I don't think Mr. Trump's plan is going to work very well. I don't think we need that tax cut when we’re running deficits the size we are running. I think the evidence that tax cuts stimulate business in any kind of meaningful way at least, not to sufficient to overcome the tax revenue loss is extremely poor to put it mildly. I think the idea of cutting taxes on the rich in a time when there is so much concern about inequality is not a good idea.