What would happen if you no longer had to pay income taxes?
Retired financial executive Rex Sinquefield and economist Art Laffer believe it would lead to economic growth and wealth.
“Sometimes when you lower taxes, you get less money. But sometimes you create enough economic activity to actually get more revenues,” Laffer told “St. Louis on the Air” host Don Marsh on Tuesday. “If you start lowering taxes from very high levels, you can actually sometimes actually increase revenues. Not all the time, but sometimes that happens.”