- Name: Arthur Laffer
- Born: 08/14/1940 (80 years old)
Arthur Betz Laffer (//; born August 14, 1940) is an American economist and author who first gained prominence during the Reagan administration as a member of Reagan’s Economic Policy Advisory Board (1981–89). 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 government. In certain circumstances, this would allow governments to cut taxes, and simultaneously increase revenue and economic growth.
Birth Name: Arthur Betz Laffer
Awards: Presidential Medal of Freedom
School: Yale University (BA), Stanford University (MBA, PhD)
Alias: Arthur Betz Laffer
Birth Place: Youngstown, Ohio, U.S.
Arthur Laffer quotes :
It has always amazed me how tax cuts don't work until they take effect. Mr. Obama's experience with deferred tax rate increases will be the reverse. The economy will collapse in 2011.Arthur Laffer
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