While discussing President Ford's ‘WIN’ (Whip Inflation Now… - Arthur Laffer

" "
While discussing President Ford's ‘WIN’ (Whip Inflation Now) proposal for tax increases, I supposedly grabbed my napkin and a pen and sketched a curve on the napkin illustrating the trade-off between tax rates and tax revenues. Wanniski named the trade-off ‘The Laffer Curve.’

Arthur Laffer

Sources available for members. Sign up free to see where this quote comes from

English

Collect this quote

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.

Also Known As

Native Name: Arthur Betz Laffer

Alternative Names: Laffer • Laffer Associates • Arthur B. Laffer

All quotes from Arthur Laffer Similar Quotes by other Originators

Originators like Arthur Laffer:

Henry Hazlitt Milton Friedman Robert Kuttner David Cay Johnston Peter Schiff

Additional quotes by Arthur Laffer

And you can’t have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can’t be done.

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.

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.

While discussing President Ford's ‘WIN’ (Whip Inflation Now) proposal for tax increases, I supposedly grabbed my napkin and a pen and sketched a curv… - Arthur Laffer

About Arthur Laffer

Also Known As

Unlimited Quote Collections

Additional quotes by Arthur Laffer

Works in ChatGPT, Claude, or Any AI