In 1994, Estonia became the first European country to adopt a flat tax, and its 26 percent flat tax dramatically energized what had been a faltering economy. Before adopting the flat tax, the Estonian economy was literally shrinking. In the eight years after 1994, Estonia experienced real economic growth - averaging 5.2 percent per year.
Arthur Laffer0
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Arthur Laffer:
The Laffer Curve illustrates the basic idea that changes in tax rates have two effects on tax revenArthur Laffer:
The story of how the Laffer Curve got its name begins with a 1978 article by Jude Wanniski in 'TheArthur Laffer:
I used the so-called Laffer Curve all the time in my classes and with anyone else who would listenArthur Laffer:
The Laffer Curve, by the way, was not invented by me.Arthur Laffer:
Because tax cuts create an incentive to increase output, employment, and production, they also helpArthur Laffer:
Obama is a fine, very impressive person. He really is. Unfortunately, everything that he is doing iArthur Laffer:
In 2010 the U.S. will have a payroll tax rate increase, an estate tax increase, and income tax incrArthur Laffer:
California is the highest-tax state in the nation and has been for a long time. It has the highest-Arthur Laffer:
The states that have large in-migrations of Hispanics are Florida, Texas and California. And FloridArthur Laffer:
The linkage between tax rates and public services is, if not non-existent, negative.