Everyone of a certain age knows the name Art Laffer. He was one of Ronald Reagan’s economists and remains a national treasure.
And he’s the creator of the famous “Laffer Curve” positing that there is an optimal rate for taxation that yields the maximum dollar amount of taxes and the minimum pain on those paying taxes.
It went something like this:
It became the basis for a lot of Reagan’s economic policy. And is still regarded as a useful tool for calculating taxation rates.
We see the veracity of this again and again. Tax cuts always yield more revenue.
Now he’s moved on to the Trump Tariffs.
And he thinks they will work.
🚨Former Reagan Economic Advisor, Art Laffer, lays out his WIN-WIN Exit Strategy for Trump on Tariffs:
“I believe he can negotiate freer trade deals, get those tariffs way way down, much lower than they are now. By primarily those [countries] lowering their tariffs and us… pic.twitter.com/3TgjgO1Cdf
— Townhall.com (@townhallcom) April 8, 2025
We’ll see eventually if he’s right. But I’d never, ever bet against Art Laffer.
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