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Arthur Laffer Quote: 'The Laffer Curve illustrates the basic ...'

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Here's the problem if you keep raising tax rates: You slow down economic growth.


Paul Ryan
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I can't imagine an argument that says that raising marginal tax rates on high income people, many of whom are business owners, is a recipe for economic growth.
Glenn Hubbard
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.
Arthur Laffer
Research has shown that middle-income wage earners would benefit most from a large reduction in corporate tax rates. The corporate tax is not a rich-man's tax. Corporations don't even pay it. They just pass the tax on in terms of lower wages and benefits, higher consumer prices, and less stockholder value.
Lawrence Kudlow
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Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages.
Franklin Raines
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The basic quality that any great story must have is a story that illustrates the human condition.


William Shatner
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The tax code is very inefficient. Both the personal tax code and the corporate tax code. By closing loopholes and lowering rates, you could increase the efficiency of the tax code and create more incentives for people to invest.
Ben Bernanke
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Nature herself has never attempted to effect great changes rapidly.


Quintilian
I will never support any tax increase on middle-income earners, ever... If you're not going to eliminate loopholes and exemptions, then I wouldn't support lowering rates.
Adam Hasner
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To be sure, the Fair Tax is a big idea. However, I believe America was built on big ideas, and I was elected to Congress to fight for those big ideas, not nibble around the edges of a broken and destructive system. The FairTax would be a real stimulus for economic growth, and it wouldn't cost taxpayers a dime.
Rob Woodall
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Nothing changes the gender equation more significantly than women's economic freedom.


Gloria Steinem
If you have to change the law to get more money, that's a tax increase, and Americans for Tax Reform supports all efforts of tax reform, getting rid of deductions or credits, or something that's misclassified, as long as you at the same time reduce rates so that it's not a hidden tax.
Grover Norquist
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Berkshire Hathaway can transfer excess capital from businesses that don't need it to businesses that do need it, tax free and in a way that enhances compound annual growth rates.
Susan Decker
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Our rate moves will have an impact on the economy in 2013. Whether we raise or lower rates depends on how the economic situation develops.
Marek Belka
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The reality is that during the Reagan years, for instance, we doubled the amount of revenue that we were sending to Washington, D.C. after the tax cuts took effect.
Mike Pence
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I love being a part of something that is grassroots, and you can see the actual changes, the effect of what people do.
Anthony Edwards
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Tax increases slow economic growth. Why would you raise taxes? We need to reform spending, the tens of trillions of unfunded liabilities can never be funded by tax increases, that can only be fixed by reducing spending.
Grover Norquist
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The Clinton tax increase - which was an increase in taxes primarily on upper-income people - not only made the tax code more nearly progressive, it preceded one of the most productive economic periods in American life.
Barney Frank
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In the West, the basic economic and social unit is the individual; in Africa, it is the extended family or the collective.
George Ayittey
All those predictions about how much economic growth will be created by this, all of those new jobs, would be created by the things we wanted - the extension of unemployment insurance and middle class tax cuts. An estate tax for millionaires adds exactly zero jobs. A tax cut for billionaires - virtually none.
Anthony Weiner
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