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…

— 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.…

— Arthur Laffer

The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all…

— 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…

— 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…

— 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…

— 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…

— Arthur Laffer

What I'm not saying is that all government spending is bad. It's not - far, far from it, but there is no…

— Arthur Laffer

If you like the post office and the Department of Motor Vehicles and you think they're run well, just wait till you…

— Arthur Laffer

Which would you rather have, capital lined up on your borders, trying to get into your country or trying to get out…

— Arthur Laffer

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

When you look at the world, everyone in the world who cares about his or her family wants to have a major…

— Arthur Laffer

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

What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment,…

— Arthur Laffer

And let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank…

— Arthur Laffer

Let me just try to give you sort of the intuitive one here on the stimulus funds. If you have a two-person…

— Arthur Laffer

Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone…

— 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…

— Arthur Laffer

The truth of the matter of is that stimulus money not only doesn't stimulate; it actually reduces output.

— Arthur Laffer

There are lots of other things that affect state growth besides state taxes. However, the reason I look at taxes is because…

— Arthur Laffer