As Republicans work at break-neck speed to push another round of massive tax cuts for the wealthy, we thought it would be a good idea to revisit our 2019 conversation with Bruce Bartlett, a Reagan policy adviser and key architect of the 1981 tax cuts. Bartlett explains how the trickle-down logic he once championed turned out to be economic snake oil, because tax breaks for the wealthy don’t grow the economy—they just grow inequality.

Bruce Bartlett is an American historian and former economic adviser who helped draft the 1981 Reagan tax cuts. He served in senior roles under Presidents Reagan and George H.W. Bush, including at the Treasury Department and the Joint Economic Committee of Congress. Once a champion of supply-side economics, Bartlett is now a leading critic of trickle-down tax policy.

This episode originally aired January 29, 2019.

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@BruceBartlett

Further reading:

Trump tax bill will add $2.4 trillion to the deficit and leave 10.9 million more uninsured, CBO says

The secret saga of Trump’s tax cuts

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Episode 246: Would You Rather?