"The Laffer Curve is a real thing." there are some assumptions about where on that curve we are. The balance sheets of most of these companies were at record l

"The Laffer Curve is a real thing." there are some assumptions about where on that curve we are. The balance sheets of most of these companies were at record levels before the tax cuts, and most of the tax benefits will go into share buy backs, which will not do that much to stimulate the weakest parts of this economy.