Arthur Laffer Quotes


Which would you rather have, capital lined up on your borders, trying to get into your country or trying to get out of your country? We are the capital magnet of this planet and we are the savior for not only people, for not only freedom, but also for capital.


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. 143.

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It has been the blue collar worker who has borne the economic brunt of globalization in the industrial democracies. It was their jobs who moved off shore, their wages that were under pressure from low wage workers in emerging nations.


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.