Today’s guest is world-renowned economist Dr. Arthur Laffer. Arthur is a former member of Ronald Reagan’s economic council, inventor of the Laffer Curve, and author of Taxes Have Consequences.
Among his many accomplishments, he helped define Prop 13 in California, consulted with several Presidents, including Nixon, Cheney, Trump, and Thatcher, and has spent most of his life studying economics and economic policy.
In this conversation, Arthur shares what he’s learned in the 50+ years he’s been in and around the White House and why the fastest-growing states have zero income tax. You’ll also hear Arthur explain why the national debt isn’t just “deferred taxes” and his thoughts on how to improve it.
In this podcast interview, you’ll learn:
- The differences between Keynesian and supply-side economics–and why Art believes Keynesianism doesn’t work.
- Why Art believes mass redistribution of wealth leads to zero income and no incentives.
- How eras of historically high tax rates have led to underperforming economies.
- Why Art advocates for a low-rate, broad-based flat tax.
How Fit Is Your Retirement Plan?
We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com
Popular Podcasts
New Heights with Jason & Travis Kelce
Football’s funniest family duo — Jason Kelce of the Philadelphia Eagles and Travis Kelce of the Kansas City Chiefs — team up to provide next-level access to life in the league as it unfolds. The two brothers and Super Bowl champions drop weekly insights about the weekly slate of games and share their INSIDE perspectives on trending NFL news and sports headlines. They also endlessly rag on each other as brothers do, chat the latest in pop culture and welcome some very popular and well-known friends to chat with them. Check out new episodes every Wednesday. Follow New Heights on the Wondery App, YouTube or wherever you get your podcasts. You can listen to new episodes early and ad-free, and get exclusive content on Wondery+. Join Wondery+ in the Wondery App, Apple Podcasts or Spotify. And join our new membership for a unique fan experience by going to the New Heights YouTube channel now!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!