Even the most innumerate among us has heard of the Laffer curve, a theory popularised by US economist and presidential advisor Arthur Laffer. It spells it out how, beyond a particular threshold, increasing taxes actually brings down revenue. Camilla and Tim are joined by the legendary economist – who has worked with Presidents Trump and Reagan and was a friend of Margaret Thatcher – to discuss the upcoming Budget, Trump's tariffs, and whether Nigel Farage has a coherent economic plan. Laffer also weighs in on Liz Truss, who he says was "thinking in the right direction" with her mini-Budget, and explains why a wealth tax would be a "huge mistake". We want to hear from you! Email us at
[email protected] or find @dailytpodcast on TikTok, Instagram and X ► Sign up to our most popular newsletter, From the Editor. Look forward to receiving free-thinking comment and the day's biggest stories, every morning. telegraph.co.uk/fromtheeditor Producer: Lilian Fawcett Senior Producer: John Cadigan Video Producer: Will Walters Studio Operator: Meghan Searle Executive Producer: Charlotte Seligman Social Producer: Nada Aggour Editor: Camilla Tominey Hosted on Acast. See acast.com/privacy for more information.
