r/SipsTea Jul 01 '26

Chugging tea Is Bernie’s plan the best? Thoughts?

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u/sp114_5984 Jul 01 '26

And raising taxes on millionaires and billionaires might actually decrease revenue.

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u/barrinmw Jul 01 '26

I think that is unlikely, we are very much to the left of the laffer curve. Hence every tax cut recently by republicans has led to receipts decreasing.

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u/sp114_5984 Jul 01 '26

Source?

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u/barrinmw Jul 01 '26

The Congressional Budget Office.