The Trickle-Down Calumny

by Henry Oliner ‘Trickle down’ is the phrase used to marginalize supply side economics.  Users think it foolish to think that any tax cuts for the wealthier payers will benefit others downstream. Yet tax cuts for the middle class do not trickle down?  Or do they not...

The Laffer Curve at 40

From Bloomberg Businessweek Haley Griffin writes The Napkin Doodle That Launched the Supply-Side Revolution How would you classify the Laffer Curve today? Laffer: It’s the same as always. It works. It’s not Republican, it’s not Democratic, it’s not conservative, it’s...

Ignoring the Obvious

Art Laffer and Stephen Moore write in the Wall Street Journal, 4/21/12, A 50-State Tax Lesson for the President. Excerpts: Over the past decade, states without an income tax have seen 58% higher population growth than the national average, and more than double the...