Pete Buttigieg

And then TCGA too.

We know that the vast majority of the benefits of those tax cuts went to the wealthiest.

We know that the vast majority of the benefits of those tax cuts went to the wealthiest.

We could say the same about the broader pattern of cutting taxes going back to, I mean, I guess if you look back over the 50 years.

We could say the same about the broader pattern of cutting taxes going back to, I mean, I guess if you look back over the 50 years.

I mean, why do you think that the American entrepreneurial class was more productive in terms of annual productivity growth back when taxes were higher?

I mean, why do you think that the American entrepreneurial class was more productive in terms of annual productivity growth back when taxes were higher?

How do you measure that?

How do you measure that?

Well, I don't know.

Well, I don't know.

Productivity growth and income taxes.

Productivity growth and income taxes.

I mean, those are two pretty simple measures you could use.

I mean, those are two pretty simple measures you could use.

Well, look at the 70s and 80s, right?

Well, look at the 70s and 80s, right?

60s, 70s, 80s, look at GDP growth, productivity growth, and tax rates.

60s, 70s, 80s, look at GDP growth, productivity growth, and tax rates.

I'm sure you're aware that those growth rates were higher and the tax rates were higher too.