The White House aims to enact historically big tax cuts and claims they would not add to the federal deficit because they would stimulate the economy and pay for themselves. On this episode of Taxology, we explore the theory and history behind this approach to formulating tax policy: the Laffer Curve.

As the 115th Congress weighs tax reform policy, Taxology takes a look back at the last time the United States actually enacted substantive tax reform. A conversation with Eugene Steuerle, Janice Mays, and Howard Gleckman reveals what was happening behind the scenes at the time and what lessons current lawmakers and White House officials can use going forward.

Weighing the merits of a destination-based cash flow tax by Tax Policy Center