Arthur Laffer is probably best known for the “Laffer Curve” which showed the relationship between tax rates versus government income from taxes. In essence, lower tax rates translate into more government revenues. This theory has been tested time and time again against empirical data and has been shown to be extrememly sound. But today, he [...]
Filed under: Economy, Government, Politics, Taxes | Tagged: 2011, Bush Tax cuts, economic collapse, Laffer, Obama Depression, Reagan, tax hikes | 1 Comment »
