The truth about supplyside economies, new york, basic books, p. Britain on the laffer curve by dr arthur laffer duration. Trump to give arthur laffer, taxcut champion, the presidential. There is an entire branch of economic literature that uses detailed equations to show cutting top tax rates does not spark additional growth. The laffer curve is a theory that states lower tax rates boost economic growth. Five critiques of arthur laffers supplyside model show tax. Arthur laffer, antienlightenment economist uneasy money. Bushs years as president i most say that i lost a lot of respect for paul krugman. The black comedy of arthur laffer dissent magazine. Please note that the content of this book primarily consists of articles. Cette courbe nest pas une invention d arthur laffer. Laffer wrote the book with stephen moore, the conservative economist whom mr. Concentrou seus estudos no setor publico, sendo o pai e forte defensor da corrente da economia pelo lado da oferta e membro da equipe no governo reagan. Laffer is best known for the laffer curve, an illustration of the concept that there exists some tax rate between 0% and 100% that will result in maximum tax revenue for.
Apr 26, 2016 this feature is not available right now. Elle rapproche le taux dimposition en abscisse avec le montant des rentrees fiscales en ordonnee. The black comedy of arthur laffer the idea behind the laffer curve is a great satire of the hardworking selfimage of the american managerial class. Arthur laffer, american economist who propounded the idea that lowering tax rates could result in higher revenues.
It underpins supplyside economics, reaganomics, and the tea partys economic policies. Son influence fut importante au cours des annees 1980. Arthur laffer ou lefficacite fiscale economie lopinion. Lawmakers seeking to reduce or eliminate income and estate taxes frequently claim that doing so will result in an economic boom. Now available in paperback with a new updated chapter, this timely book by three. Arthur laffer, antienlightenment economist published august 6, 2012 wall street journal 32 comments the wall street journal, building on its solid reputation for providing a platform for moderately to extremely wellknown economists to embarrass themselves, featured an oped today by arthur laffer. June 20, 2019 president donald trump presents the presidential medal of freedom to arthur laffer in the oval office.
Aug 06, 2012 arthur laffer, antienlightenment economist published august 6, 2012 wall street journal 32 comments the wall street journal, building on its solid reputation for providing a platform for moderately to extremely wellknown economists to embarrass themselves, featured an oped today by arthur laffer. In explaining the curve, laffer said somewhere between zero percent and 100 percent is a tax rate that. Arthur betz laffer is an american economist and author who first gained prominence during the. Trump awards presidential medal of freedom to arthur laffer, tax. The laffer curve was popularized in the united states with policymakers following an afternoon meeting with ford administration officials dick cheney and donald rumsfeld in 1974, in which arthur laffer reportedly sketched the curve on a napkin to illustrate his argument. Arthur laffer, writing in the wall street journal, say few things are so clear in economics as the fact that high tax rates dont succeed in raising revenue or increasing the burden on the wealthy. Jim tankersley has a good article on arthur laffer s neverstronger influence on the republican party, with just one seriously misleading statement laffer s ideas have also grown out of fashion with much of the mainstream economic community. He showed the relationship between taxes and revenue in the laffer curve. Five critiques of arthur laffers supplyside model show. Trump wanted to nominate to the federal reserve board. Arthur laffer youre embarrassing yourself during george w. How higher taxes will doom the economyif we let it happen. In economics, the laffer curve illustrates a theoretical relationship between rates of taxation and the resulting levels of the governments tax revenue. Arthur laffer nait en 1941 a youngstown, dans lohio.
In 2018, laffer wrote the book trumponomics with conservative economic. Arthur laffer, in full arthur betz laffer, born august 14, 1940, youngstown, ohio, u. In economics, the laffer curve illustrates a theoretical relationship between rates of taxation. Elle met en evidence les effets pervers dune trop forte pression fiscale, qui peut faire diminuer lactivite economique et donc les recettes fiscales. Supplyside economist arthur laffer is often enlisted to bolster this argument with his analyses purporting to show that states lacking an income tax or estate tax have economies that outperform the rest of the country, and that any state can easily replicate that. The laffer curve assumes that no tax revenue is raised at the extreme tax rates of 0% and 100%, and that there is a tax rate between 0% and 100% that maximizes government tax revenue. Supplyside economist arthur laffer is often enlisted to bolster this argument with his analyses purporting to show that states lacking an income tax or estate tax have economies that outperform the rest of the country, and that any state can easily replicate that success by abandoning their income and estate taxes. How higher taxes will doom the economyif we let it happen laffer, arthur b.
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