Should-Read: Jagdish Bhagwati: “I agree with the main thrust of the Letter I signed, but I do not think it is likely that tax cuts will produce revenues that offset the initial loss of revenue from the tax cuts…

Should-Read: More on Douglas Holtz-Eakin, James Miller, Jagdish Bhagwati, and a few more than 100 Unprofessional Republican Economists. I confess I am flummoxed by this: Statement by Jagdish Bhagwati: “I agree with the main thrust of the Letter I signed, but I do not think it is likely that tax cuts will produce revenues that … Continue reading Should-Read: Jagdish Bhagwati: “I agree with the main thrust of the Letter I signed, but I do not think it is likely that tax cuts will produce revenues that offset the initial loss of revenue from the tax cuts…