Arthur Laffer Quotes

Arthur Laffer Quotes: What I'm not saying is that all government spending is bad. It's not - far, far from it, but there is no free lunch, as a former colleague of mine used to say. There is no public tooth fairy. Father Christmas does not work on the Treasury staff this year. You can never bail someone out of trouble without putting someone else into trouble.
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Arthur Laffer Quote: 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.
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Quotes about Arthur Laffer: There are 11 states in the United States that in the last 50 years instituted an income tax. So I looked at each of those 11 states over the last 50 years, and I took their current economic metrics and their metrics for the five years before they put in the progressive income tax. Every single state that introduced a progressive income tax has declined as an overall share of the U.S. economy.
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Quote about 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 United States.
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