Authors:
  1. Quotes
  2. Authors
  3. A
  4. Arthur Laffer
  5. The tax rate increases reduce economic growth; they shrink...

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
Government, Pie, Growth
"How Low Can They Go? Arthur Laffer Defends Slashing State Income Taxes". Interview with Paul Solman, www.pbs.org. August 1, 2013.
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.