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Quote by Arthur Laffer

“The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.”

Quote by Arthur Laffer

Author

Arthur Laffer, born on August 14, 1940, is an American economist known for his extensive research in the fields of supply-side economics and tax policy. He is renowned for his Laffer Curve, which describes the relationship between tax rates and tax revenue. more

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