Arthur Laffer Quotes


When you look at the world, everyone in the world who cares about his or her family wants to have a major portion of their assets in the United States because we are the growth country and the freedom loving country.


Citations

Laffer, Arthur B., et al. The End of Prosperity: How Higher Taxes Will Doom the Economy--If We Let It Happen. Threshold Editions, 2008, p. 145.

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Arthur Laffer
Arthur Laffer
  • Born: August 14, 1940
  • Nationality: American
  • Profession: Economist

Arthur Betz Laffer is an American economist and author who first gained prominence during the Reagan administration as a member of Reagan's Economic Policy Advisory Board (1981–89). Laffer is best known for the Laffer curve, an illustration of the concept that there exists some tax rate between 0% and 100% that will result in maximum tax revenue for government. In certain circumstances, this would allow governments to cut taxes, and simultaneously increase revenue and economic growth.