'Sometimes it takes a PhD in economics not to be able to understand the obvious' | Dr. Arthur Laffer
Dr. Arthur Laffer on Income Inequality and Taxation
Dr. Arthur Laffer discusses the concept of income inequality and its relationship with taxation. He argues that income inequality can be reduced by both the rich and the poor becoming wealthier, as opposed to everyone becoming poorer. Laffer points out that raising the highest marginal income tax rates tends to underperform the economy and make the poor even poorer. He emphasizes that rich people play a significant role in job creation and economic growth and suggests that the focus should be on letting them concentrate on what they do best, rather than imposing higher taxes.
#IncomeInequality #Taxation #EconomicPolicy #LafferCurve #TaxPolicy #WealthCreation #EconomicGrowth #RichvsPoor #TaxRates #gbnews
Keep up to date with the latest news at https://www.gbnews.com
Twitter: https://twitter.com/GBNEWS
Facebook: https://www.facebook.com/GBNewsOnline
Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more.
-
3:03
GBNewsOnline
10 months ago $0.01 earnedPiers Morgan declares WAR on 'greedy and appalling' Prince Harry to SAVE the monarchy
108 -
1:16
Guns.com
1 hour agoCarving a Pumpkin with a SIG P320-FLUX Legion
13.4K3 -
53:17
Ben Shapiro
2 hours agoEp. 2068 - Harris Should Be IMPEACHED
38.4K46 -
1:43:22
Chicks in the Office
7 hours agoHeather McMahan Interview + 'Tell Me Lies' Is WILD
12.9K -
59:14
Grant Stinchfield
3 hours agoHiring Hollywood Actors to ACT Manly in a Harris Commercial is Huge Mistake... Or was it?
15.8K2 -
1:35:49
-
LIVE
The Kevin Trudeau Show
4 hours agoHow To Get And Stay Healthy | The Kevin Trudeau Show | Ep. 57 | LIVE at 1 PM CT
310 watching -
LIVE
VOPUSARADIO
22 hours agoThe Dan Smeriglio Show: Live Election Integrity Call! Heard Worldwide!!
121 watching -
43:15
LetsTalkNumbers
1 hour agoLet's Talk Numbers S1 Ep 7
11.4K1 -
2:09:37
The Dilley Show
3 hours agoAmerican Black Men Have Had Enough! 20 Days to D Day! w/Author Brenden Dilley 10/16/2024
32.8K4