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Economic freedom is extraordinarily important. It’s the freedom to do with your resources what you believe you should do. My dream has always been to… - Arthur Laffer
" "Economic freedom is extraordinarily important. It’s the freedom to do with your resources what you believe you should do. My dream has always been to make poor people rich, not rich people poor.
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About Arthur Laffer
Arthur Betz Laffer (born August 14, 1940) is an American economist 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 theory that there exists some tax rate between 0% and 100% that will result in maximum tax revenue for governments. Laffer is Policy Co-Chairman (with Lawrence "Larry" Kudlow) of the Free Enterprise Fund.
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Native Name:
Arthur Betz Laffer
Alternative Names:
Laffer
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Laffer Associates
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Arthur B. Laffer
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People do not work, consume, or invest to pay taxes. They work and invest to earn after-tax income, and they consume to get the best buys after tax. Therefore, people are not concerned per se with taxes, but with after-tax results. Taxes and after-tax results are very similar, but have crucial differences.
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