Phrase by 'Arthur Laffer'
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Sometimes, tax rate increases create the very problems that the spending is intended to cure. In other words, the tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.
Author: Arthur Laffer - American EconomistSometimes , Words , Problems , Government , Growth
What you do by having an income tax rate reduction across the board, you really provide great incentives for people to work, produce, and increase output. So I would support a carbon tax in replacement for a progressive income tax.
Author: Arthur Laffer - American EconomistYou , People , Work , Support
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.
Author: Arthur Laffer - American EconomistYou , Family , Freedom , Growth
We are having the single worst recovery the U.S. has had since the Great Depression. I don't care how you measure it. The East Coast knows it. The West Coast knows it. North, South, old, young, everyone knows it's the worst recovery since the Great Depression.
Author: Arthur Laffer - American EconomistYou , Depression , Care , Great
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.
Author: Arthur Laffer - American EconomistSuccessful , Three , Past , Years
The minimum wage is the black teenage unemployment act. It is the guaranteed way of holding the poor, the minorities and the disenfranchised out of the mainstream is if you price their original services too high.
Author: Arthur Laffer - American EconomistYou , Black , Way , Poor
You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States.
Author: Arthur Laffer - American EconomistYou , Know , Without , Class , China
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.
Author: Arthur Laffer - American EconomistYou , People , Freedom , Country
The trade deficit is the capital surplus and don't ever think of having a capital surplus as being a bad thing for our country.
Author: Arthur Laffer - American EconomistBeing , Think , Bad , Country
I mean, everyone agrees with stress tests for banks. I mean that's clear. But banks should do that on their own. And they should worry about their own capital functioning. That's what they should do. It shouldn't be a government function.
Author: Arthur Laffer - American EconomistEveryone , Stress , Government , Worry
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