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Arthur Laffer Quotes: The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.
         

The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.


Arthur Laffer
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Other quotes of 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 I've never heard of a poor person taxing himself into prosperity.

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



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.

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.



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

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



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.

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.



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

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



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.

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.



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.

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.



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

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



With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.

With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.



If you like the post office and the Department of Motor Vehicles and you think they're run well, just wait till you see Medicare, Medicaid and health care done by the government.

If you like the post office and the Department of Motor Vehicles and you think they're run well, just wait till you see Medicare, Medicaid and health care done by the government.





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You like me not because I like you. I like you just because I like me.

You like me not because I like you. I like you just because I like me.



People bicker so and have such rows. Even if they're fond of each other, they still seem to have rows and not to mind a bit whether they have them in public or not.

People bicker so and have such rows. Even if they're fond of each other, they still seem to have rows and not to mind a bit whether they have them in public or not.



We ought to ban hunting, I suggest, if there isn't a purpose other than sport and fun. That should be against the law.

We ought to ban hunting, I suggest, if there isn't a purpose other than sport and fun. That should be against the law.



We should often feel ashamed of our best actions if the world could see all the motives which produced them.

We should often feel ashamed of our best actions if the world could see all the motives which produced them.



To me, to say that war isn't evil is to say that nothing is evil.

To me, to say that war isn't evil is to say that nothing is evil.



We are not eternity conscious enough.

We are not eternity conscious enough.



When the Spirit is present, people are not offended when you share your feelings about the gospel.

When the Spirit is present, people are not offended when you share your feelings about the gospel.



Violence as a way of achieving racial justice is both impractical and immoral. It is impractical because it is a descending spiral ending in destruction for all.

Violence as a way of achieving racial justice is both impractical and immoral. It is impractical because it is a descending spiral ending in destruction for all.



A mood can be a dangerous state of mind, because it can crush reason under the weight of feeling.

A mood can be a dangerous state of mind, because it can crush reason under the weight of feeling.



The library is not only a diary of the human race, but marks an act of faith in the continuity of humanity.

The library is not only a diary of the human race, but marks an act of faith in the continuity of humanity.




Quote Description


This page presents the quote "The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.". Author of this quote is Arthur Laffer. This quote is about economic growth, government, spending, poverty, pie, alleviate, all things, trying, unemployment,.