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Arthur Laffer Quotes


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Quotes by Arthur Laffer

Showing 31-40 of 47 Quotes by Arthur Laffer

My godfather was a man named Justin Dart. Some of you may remember Justin Dart. My younger son's name is Justin, named after Justin Dart. I was executor of his estate, and he was my godfather. I first really got time to spend with Ronald Reagan with Justin Dart personally, one-on-one.

~Arthur Laffer

Topics: After Dart Estate First Godfather Got He His Justin Man May Name Named One-On-One Personally Reagan Really Remember Ronald Reagan Some Son Spend Time You Younger

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The United States is a nation located in the global economy, and we get enormous, enormous benefits from dealing with foreigners.

~Arthur Laffer

Topics: Benefits Dealing Economy Enormous Foreigners Get Global Global Economy Located Nation States United United States

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Over the past 100 years, there have been three major periods of tax-rate cuts in the U.S.: the Harding-Coolidge cuts of the mid-1920s; the Kennedy cuts of the mid-1960s; and the Reagan cuts of the early 1980s. Each of these periods of tax cuts was remarkably successful as measured by virtually any public policy metric.

~Arthur Laffer

Topics: Any Been Cuts Each Early Kennedy Major Measured Metric Over Past Periods Policy Public Public Policy Reagan Remarkably Successful Tax Tax Cuts Three Virtually Years 100 Years 1980S

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The Laffer Curve illustrates the basic idea that changes in tax rates have two effects on tax revenues: the arithmetic effect and the economic effect.

~Arthur Laffer

Topics: Arithmetic Basic Changes Curve Economic Effect Effects Idea Illustrate Rates Revenues Tax Tax Rates Two

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The story of how the Laffer Curve got its name begins with a 1978 article by Jude Wanniski in 'The Public Interest' entitled, 'Taxes, Revenues, and the Laffer Curve.'

~Arthur Laffer

Topics: Article Begins Curve Entitled Got How Interest Jude Name Public Public Interest Revenues Story Taxes

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I used the so-called Laffer Curve all the time in my classes and with anyone else who would listen to me to illustrate the trade-off between tax rates and tax revenues.

~Arthur Laffer

Topics: Anyone Anyone Else Between Classes Curve Else Illustrate Listen Me Rates Revenues So-Called Tax Tax Rates Time Trade-Off Used Who Would

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The Laffer Curve, by the way, was not invented by me.

~Arthur Laffer

Topics: Curve Invented Me Way

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Obama is a fine, very impressive person. He really is. Unfortunately, everything that he is doing in economics is exactly wrong. He is a crappy president.

~Arthur Laffer

Topics: Crappy Doing Economics Everything Exactly Fine He Impressive Obama Person President Really Unfortunately Very Wrong

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In 2010 the U.S. will have a payroll tax rate increase, an estate tax increase, and income tax increases. There's also a tax increase coming in 2010 on carried interest. This rate will rise from its current level of 15 percent to 35 percent, and then it will rise again in 2011.

~Arthur Laffer

Topics: Again Also Carried Coming Current Estate Income Income Tax Increase Increases Interest Level Payroll Percent Rate Rise Tax Tax Increase Tax Rate Then Will

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The linkage between tax rates and public services is, if not non-existent, negative.

~Arthur Laffer

Topics: Between Negative Public Rates Services Tax Tax Rates

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Biography

Nationality: American

Type: Economist

Born: August 14th, 1940

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