Five Quotes by Arthur Laffer

You want to prove that Milton Friedman is a fascist? It's easy. Quote him.

— Arthur Laffer

You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States.

— Arthur Laffer

We are having the single worst recovery the U.S. has had since the Great Depression. I don't care how you measure it. The East…

— 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…

— Arthur Laffer

The zero-income-tax-rate states have far faster growth in tax revenues than did the states with highest income tax rate over this period.

— Arthur Laffer

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…

— Arthur Laffer

The trade deficit is the capital surplus and don't ever think of having a capital surplus as being a bad thing for our country.

— Arthur Laffer

People can also change the timing of when they earn and receive their income in response to government policies.

— Arthur Laffer

It is not true that Congress spends money like a drunken sailor. Drunken sailors spend their own money. Congress spends our money.

— Arthur Laffer

Sound money is the sine qua non of a prosperous society.

— Arthur Laffer

I mean, everyone agrees with stress tests for banks. I mean that's clear. But banks should do that on their own. And they should…

— Arthur Laffer

And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That's accounting.

— Arthur Laffer