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Arthur Laffer Quotes: 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.


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.



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.



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.



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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When I die, I would love to die smiling. If however I forget this, I hope I have someone there to make me smile.

When I die, I would love to die smiling. If however I forget this, I hope I have someone there to make me smile.




Rather throw away that which is dearest to you your own life than turn away a good friend.

Rather throw away that which is dearest to you your own life than turn away a good friend.



Men are like the stars some generate their own light while others reflect the brilliance they receive.

Men are like the stars some generate their own light while others reflect the brilliance they receive.



You would not call a man humane for ceasing to set mousetraps if he did so because he believed there were no mice in the house.

You would not call a man humane for ceasing to set mousetraps if he did so because he believed there were no mice in the house.



I was not influenced by composers as much as by natural objects and physical phenomena.

I was not influenced by composers as much as by natural objects and physical phenomena.



If you're a nice person and you work hard, you get to go shopping at Barneys. It's the decadent reward.

If you're a nice person and you work hard, you get to go shopping at Barneys. It's the decadent reward.



Are great things ever done smoothly? Time, patience, and indomitable will must show.

Are great things ever done smoothly? Time, patience, and indomitable will must show.



It'll leave you feeling hollow and helpless, and there is where you'll stay. Ain't it funny child, love sometimes leaves you as dead as yesterday.

It'll leave you feeling hollow and helpless, and there is where you'll stay. Ain't it funny child, love sometimes leaves you as dead as yesterday.




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This page presents the quote "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.". Author of this quote is Arthur Laffer. This quote is about collapse, experience, reverse, rate, increase, cutting, amazed, economy, work,.