You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the… — Arthur Laffer Copy Share Image
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 Copy Share Image
Let's take the nine states that have no income tax and compare them with the nine states with the highest income tax… — Arthur Laffer Copy Share Image
When you look at the world, everyone in the world who cares about his or her family wants to have a major… — Arthur Laffer Copy Share Image
If you look at the performance of the zero-income-tax-rate states and the highest-income-tax-rate states, I believe a large amount of their difference… — Arthur Laffer Copy Share Image
There are lots of other things that affect state growth besides state taxes. However, the reason I look at taxes is because… — Arthur Laffer Copy Share Image
There are several states that move from Karl Marx-like policies to Adam Smith-like policies and back again in a weekend. So for… — Arthur Laffer Copy Share Image
There are 11 states in the United States that in the last 50 years instituted an income tax. So I looked at… — Arthur Laffer Copy Share Image
You want to prove that Milton Friedman is a fascist? It's easy. Quote him. — Arthur Laffer Copy Share Image
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 Copy Share Image
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 Copy Share Image
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 Copy Share Image
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 Copy Share Image
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 Copy Share Image
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 Copy Share Image
People can also change the timing of when they earn and receive their income in response to government policies. — Arthur Laffer Copy Share Image
It is not true that Congress spends money like a drunken sailor. Drunken sailors spend their own money. Congress spends our money. — Arthur Laffer Copy Share Image
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 Copy Share Image
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 Copy Share Image
