Reeves needs a lesson on tax – legendary economist Arthur Laffer
Even the most innumerate among us has heard of the Laffer curve, a theory popularised by US economist and presidential advisor Arthur Laffer. It spells it out how, beyond a particular threshold, increasing taxes actually brings down revenue.
Camilla and Tim are joined by the legendary economist – who has worked with Presidents Trump and Reagan and was a friend of Margaret Thatcher – to discuss the upcoming Budget, Trump's tariffs, and whether Nigel Farage has a coherent economic plan.
Laffer also weighs in on Liz Truss, who he says was "thinking in the right direction" with her mini-Budget…
The skinny
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