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Keyword: laffercurve

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  • A positive message from economist Art Laffer

    03/24/2023 6:52:38 PM PDT · by DannyTN · 7 replies
    ArkInvest ^ | Mar 24, 2023 | Cathie Wood & Art Laffer
    The whole video is 1:02 hours. They had covered several topics and had been talking Money Supply and Crypto when Art delivered this message towards the end of the video. And this was extracted from Youtube transcript. I may not have attributed every word correctly. And Youtube may not have captured every word correctly. ... Art: now you know why everyone's investing in Ireland because the capital is always Dublin. ... Cathie: my biggest fear is we are going to lose Innovation Art: we're not the we're not this is a Cathie: we're not? Art: no what you may lose...
  • Art Laffer: Want A Booming Economic Future? Look To The Pro-Growth Policies Of The Past

    02/27/2023 8:42:49 AM PST · by SeekAndFind · 4 replies
    The Federalist ^ | 02/27/2023 | VANCE GINN, PH.D., AND ARTHUR LAFFER, PH.D.
    Just because counterproductive economic policies have been around for a long time doesn’t mean we shouldn’t try for a better world. There’s a proven pro-growth, pro-liberty path.Both Republicans and Democrats at the national level have put us down a path of slow growth, massive deficits, and high inflation. With a new Republican majority in the U.S. House and the daunting debt ceiling fight over the bloated $31.4 trillion national debt almost exclusively due to excessive spending, there’s a proven pro-growth, pro-liberty path.In 2022, the U.S. had real GDP growth of just 0.9 percent (Q4-over-Q4), the highest inflation in 40 years,...
  • Reagan Economist Art Laffer 'Very Optimistic’ on Rapid Economic Recovery

    09/11/2020 7:56:55 AM PDT · by JV3MRC · 4 replies
    NewsBusters ^ | 9/11/2020 | Joseph Vazquez
    Renowned economic advisor to late President Ronald Reagan Art Laffer remains very optimistic about a rapid economic recovery, which flies right in the face of the apocalyptic narratives put out by the media. Laffer concluded that once big states “get pro-growth, once they get the restrictions removed because the disease incidence is less, you’re going to get that economy continuing to boom. I think we’re perfectly poised for a very, very rapid, continued recovery in this economy. “I am very optimistic about the country and the economy,” Laffer said.
  • Reagan adviser Laffer 'willing to accept the higher risk' of dying from coronavirus to open economy

    04/10/2020 12:58:00 PM PDT · by Hojczyk · 62 replies
    Just the News ^ | April 9, 2020 - 8:39pm | By Carrie Sheffield
    Laffer said in a recent interview with Just the News that the government's widespread shutdown of society to slow the spread of coronavirus was medically necessary and fit within "reasonable limits," but reopening the economy should be based on calculated, fact-based risk rather than irrational, widespread fear "Let me tell you how I feel," Laffer said. "Now I'm 80. I've got six children, 13 grandchildren, and I have four great grandchildren. Really cool people. People I love more than life. I am perfectly willing to accept the higher risk of mortality, of dying, if I can feel better about their...
  • Art Laffer: Deal with China Could Boost Dow 10,000 Points

    09/05/2019 1:37:02 PM PDT · by ChicagoConservative27 · 71 replies
    Breitbart ^ | 09/05/2019 | Trent Baker
    Economist Arthur Laffer weighed in on the trade talks between the United States and China, touting what a deal between the two could do for the market. Laffer agreed with President Donald Trump’s assertion that such a deal could boost the Dow Jones Industrial Average 10,000 points. “I think he’s right about 10,000 on the Dow,” Laffer told Fox Business Network “Mornings” host Maria Bartiromo on Thursday. “I mean, that’s a pull out of a hat, but frankly, it’s a huge thing for that because it starts having a dynamic consequence with the rest of the world — Japan, South...
  • Trump Tax Cut an Ode to the Laffer Curve

    12/26/2017 9:22:35 PM PST · by Kaslin · 7 replies
    Townhall.com ^ | December 27, 2017 | Stephen Moore
    The unsung hero of the GOP Christmas gift of a tax cut is Arthur Laffer -- the Reagan economist who helped devise the Gipper's tax reductions. Those tax cuts rebuilt the U.S. economy in the 1980s and pulled us out of the mini-depression of high inflation and unemployment in the late 1970s. Some 30 years later, Laffer has struck again. House Speaker Paul Ryan tells me that there "were very few economists who had a bigger impact on this tax bill than Laffer. Believe, me our (Republican) members listen to him." Rep. Mark Meadows, the chairman of the Freedom Caucus,...
  • Prediction: On July 4, Trump Will Pardon Everyone, Dare Republicans to Hold Him Accountable (Laffer)

    06/05/2017 4:44:31 PM PDT · by 2ndDivisionVet · 31 replies
    The Huffington Post ^ | June 5, 2017 | Paul Abrams, Contributor
    The following paints a grim scenario. As you consider it, remember that sociopaths have no empathy. Thus, they have no gut feelings, no inner voice, to guide them about right or wrong, good or bad, wise or unwise. If you try to put yourself in Trump’s shoes, and conclude that you would never, could never, do such things, as a human being or as an American, you are using the wrong yardstick. Trump’s yardsticks are his own malignant narcissism first and Steve Bannon second. Rubles-to-doughnuts, Steve Bannon is painting this picture for Trump right now: With the appointment of Robert...
  • Art Laffer: Trump Should Win Easily

    07/23/2016 7:19:44 AM PDT · by Amntn · 43 replies
    The Weekly Standard ^ | 7/19/16 | Art Laffer
    Art Laffer is a famous economist, one of the brains behind President Ronald Reagan's supply-side tax cuts in 1981. But he was also a political adviser to Reagan and other presidential candidates. Based on history rather than polls or demographics, he insists Donald Trump will win the presidential race—and win easily. History is an argument not often heard in presidential elections except in one case: the likelihood that after one party holds the White House for eight years, that party probably won't win four more years. The one exception in the past half-century was the election of George H.W. Bush...
  • Ted Cruz tax plan better than Reagan's: Art Laffer (video)

    04/16/2016 11:56:43 PM PDT · by JediJones · 30 replies
    CNBC ^ | 4/15/2016 | CNBC
    Arthur Laffer of Laffer Associates reacts to presidential candidate Ted Cruz's tax plan, in which Cruz proposes individuals above certain income threshold pay a 10 percent flat tax, and a 16 percent flat tax on companies. http://video.cnbc.com/gallery/?video=3000509983
  • Former Reagan Adviser Art Laffer: GOP Will 'Landslide' in 2016 -- 45, 46, 47 States Out of the 50

    01/11/2016 8:45:26 PM PST · by SeekAndFind · 45 replies
    Breitbart ^ | 01/11/2016 | Trent Baker
    On the Sunday broadcast of "The Cats Roundtable" on New York City's AM 970, host John Catsimatidis spoke about the upcoming 2016 presidential election with economist Arthur Laffer, a former member of President Ronald Reagan's economic policy advisory board. Laffer not only predicted a victory for the GOP, but he would be "surprised" if they did not take as many as 47 of the 50 states. "I would be surprised if the Republicans don't take 45, 46, 47 states out of the 50," he said. "I mean, I think we're going to landslide this election." "I think Donald Trump is...
  • Reagan Adviser Laffer: GOP Will ‘Landslide’ in 2016 — ’45, 46, 47 States Out of the 50′

    01/11/2016 7:47:48 PM PST · by 2ndDivisionVet · 117 replies
    Brietbart Television ^ | January 10, 2016 | Trent Baker
    On the Sunday broadcast of "The Cats Roundtable" on New York City's AM 970, host John Catsimatidis spoke about the upcoming 2016 presidential election with economist Arthur Laffer, a former member of President Ronald Reagan's economic policy advisory board. Laffer not only predicted a victory for the GOP, but he would be "surprised" if they did not take as many as 47 of the 50 states. "I would be surprised if the Republicans don't take 45, 46, 47 states out of the 50," he said. "I mean, I think we're going to landslide this election."[continued]
  • Art Laffer: Rand Paul and Ted Cruz Have Best Tax Plans

    11/27/2015 7:22:23 PM PST · by gwgn02 · 15 replies
    Legal Insurrection ^ | 11/27/2015 | FuzzyZippers
    Art Laffer, famed member of President Reagan’s Economic Policy Advisory Board, has co-authored, with Stephen Moore, an article for Investor’s Business Daily in which they assert that Rand Paul and Ted Cruz have the “best” tax proposals.
  • Art Laffer: The Rand Paul And Ted Cruz Flat Tax Plans Are Best Tax Proposals

    11/23/2015 6:49:54 AM PST · by SeekAndFind · 10 replies
    IBD ^ | 11/23/2015 | Arthur Laffer and Stephen Moore
    As we've cheerfully noted on these pages, the good news on the presidential campaign trail is that almost all Republicans are now for serious pro-growth tax reform and simplification. Every candidate wants lower rates (some a one-rate flat tax), fewer loopholes and carve-outs, and a reduced role for an abusive IRS. What a contrast with Bernie Sanders, who declared at last week's Democratic debate that he could live with a 90% tax rate on the rich. Why not take it all, Bernie? All the GOP tax plans look good to us — though some are admittedly better than others. The...
  • Trump to meet with Art Laffer and Steve Forbes to hammer out tax plan (video)

    08/13/2015 11:41:01 AM PDT · by RoosterRedux · 88 replies
    Youtube ^ | Neal Cavuto
    This was Neal Cavuto last night.
  • Arthur Laffer: How Tax And Tariff Hikes Crushed 1930s America

    07/20/2015 4:46:29 AM PDT · by SeekAndFind · 32 replies
    IBD ^ | 07/20/2015 | Arthur Laffer
    'Government is not the solution to our problem; government is the problem," may well be President Reagan's most oft-repeated quote. And the reason it's so frequently quoted is because it's so damn true. And no example fits this quote better than the government actions taken before and during the Great Depression. In 1929, the single largest tax increase on traded products was passed by both the U.S. House and the U.S. Senate. In May 1930, this so-called Smoot-Hawley tariff was signed into law by President Herbert Hoover, which precipitated massive retaliation on U.S. products by foreign governments. From that moment...
  • Americans are right to feel miserable about the economy, Reagan economist Art Laffer says

    01/02/2024 8:53:54 AM PST · by ChicagoConservative27 · 14 replies
    businessinsider ^ | 01/02/2024 | George Glover
    Americans are right to be feeling so down about the economy, according to Art Laffer. The former economic advisor to President Ronald Reagan said Saturday that he can understand why people's views on the jobs market, inflation, and growth remain negative, despite a strong 2023 where price pressures cooled and the US managed to dodge a long-expected recession. "Let me just give you where the huge disconnect comes here," he told Fox Business. "People care about jobs, not unemployment rates, and so when you look at total jobs, it's way down."
  • Many states will soon have a budget problem. The culprit is clearly too much spending, not tax cuts as WaPo columnist claims

    01/21/2023 6:53:44 PM PST · by SeekAndFind · 15 replies
    American Thinker ^ | 01/21/2023 | Jack Hellner
    Catherine Rampell of the WaPo is correctly recognizing that states are sabotaging their finances. While she recognizes the coming problem, she blames tax cuts instead of overspending and depending on the rich as the culprit. Democrats rarely think they spend too much and rarely want to allow the people and businesses to keep more of what they earn. As recession looms (maybe), states sabotage their own financesRampell, like most journalists, has falsely blamed Trump's tax rate cuts for cutting federal revenues when revenues actually rose substantially after the rate cuts. Overspending has always been the problem in DC.Many states sabotaged...
  • MAN! Do I miss Art Laffer

    07/16/2022 7:48:17 PM PDT · by tanstaafl.72555 · 18 replies
    Kitco ^ | 07/16/2022 | Kitco
    Reagan Economic Advisor Arthur Laffer explains what we need to do in order to beat 9.1% inflation
  • Leg­is­la­tors should ap­prove Pennsylvania cor­po­rate tax cut

    03/07/2022 1:58:57 AM PST · by Tolerance Sucks Rocks · 5 replies
    The Pittsburgh Post-Gazette ^ | March 6, 2022 | Editorial Board
    Gov. Tom Wolf and the Republican-controlled state legislature have found something to agree on: Pennsylvania’s corporate net income tax, the second-highest in the nation, costs the state more in lost business than it collects in revenue. The legislature should immediately pass the outgoing governor’s proposal to cut the corporate tax from 9.99% to 7.99% starting in 2023. That would move the state outside the top 10 highest CNI states, although it would still leave Pennsylvania at a disadvantage compared to nearby competitors like New York (6.5%) and Virginia (6%). After that, there are two ideas on the table for lowering...
  • Trump needs to push tax cut 2.0

    11/18/2019 8:26:55 AM PST · by SeekAndFind · 59 replies
    Washington Times ^ | 11/18/2019 | Stephen Moore
    Every single plausible Democratic candidate for president has endorsed tax increases as centerpieces of their economic agenda. Think about what we are hearing from Elizabeth Warren, Joe Biden, Bernie Sanders, and the rest of the Punch and Judy Show. New wealth taxes, carbon taxes, energy taxes, higher death and income taxes with rates up to 70%. Payroll taxes would rise to pay for Social Security benefit expansions and Medicare for All. I remember a time when liberal Michael Dukakis, when running against George H.W. Bush, declared he would only raise taxes as “a last resort.” Now Democrats think raising taxes...