Tag Archives: Laffer

More Evidence That Tax Cuts Are Needed to Stimulate Hiring

I shared a month ago Arthur Laffer’s idea that a tax holiday would have cost less than the government’s budget-busting stimulus programs and would have already achieved an unemployment rate of 2.5%. Instead, the US faces bankruptcy thanks to a crescendo of mindless spending following decades of fiscal mismanagement in Washington, and still suffers an […]

Posted in Small Business, Taxes, US politics | Tagged | Comments closed

Tax Cuts, Not Unemployment Benefits, Would Stimulate The Economy — And Cost Less

Economist Arthur Laffer wrote on the opinion page of last Thursday’s Wall Street Journal that extending unemployment benefits will lead to more unemployment. These two sentences say it all: “Imagine what the unemployment rate would look like if unemployment benefits were universally $150,000 per year. My guess is we’d have a heck of a lot […]

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