Posted on 12/20/2023 7:18:36 AM PST by ChicagoConservative27
US Economist Dr. Arthur B. Laffer has suggested that the UK should implement tax measures first introduced by Former US President Ronald Reagan.
Dr. Arthur B. Laffer stated that the UK could benefit from both the Economic Recovery Tax Act of 1981 and the Tax Cuts and Jobs Act of 2017.
Speaking to GB News, the former member of Reagan's Economic Policy Advisory Board said that the move by the UK government would make Britain's economy "great again".
The Economic Recovery Tax Act of 1981 was a law which enabled the largest tax cut in American history.
(Excerpt) Read more at gbnews.com ...
The Laffer curve is intuitively obvious and brilliant upon inspection by any reasonably bright and educated person. So of course the Left hates it and denies the truth it beautifully reveals.
One of the most memorable headlines I’ve ever seen:
“Laffer proves Socialism isn’t Funny!”
Gooberment is almost all overhead and dead weight on our backs.
https://www.youtube.com/shorts/7L_kvWhLRVo?feature=share
Laffer is the epitome of “Zombie Reaganism”.
The UK is being over-run by mass Third World Immigration (both legal and illegal) as well as large number of the working population being forced into poverty by gov’t policy created huge increases in electricity and energy costs.
Top marginal tax rates are not the problem there.
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