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Quote by Arthur Laffer

“There are several states that move from Karl Marx-like policies to Adam Smith-like policies and back again in a weekend. So for the states with huge volatility in their income tax policies over time, the differences in growth rates in those periods are really amazingly consistent with tax rates really mattering.”

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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