IQ2 Debate: Are the rich taxed enough?
Are the nation's wealthiest not paying "their fair share," or should tax breaks be extended for everyone in the name of job creation? In this debate from the Intelligence Squared series, Glenn Hubbard and Arthur Laffer argue the rich are taxed enough. Robert Reich and Mark Zandi argue they are not.
- YES: Glenn Hubbard: Dean, Columbia University Business School
- YES: Arthur Laffer: Former member of President Reagan's Economic Policy Advisory Board. Considered the "father of supply-side economics."
- NO: Robert Reich: Chancellor's Professor of Public Policy at University of California, Berkeley and former Secretary of Labor.
- NO: Mark Zandi: Chief economist, Moody's Analytics.