
Arthur Laffer wrote a challenging opinion piece in the WSJ of June 7 2010. He predicts economic crash and collapse when Obamas tax hikes become effective in 2011. Arthur Laffers June 7 oped Tax Hikes and the 2011 Economic Collapse …
Arthur Laffer helped build the intellectual case for the Reagan tax cuts. Now he warns that tax hikes will kill the recovery.
In the post below, Asha Bangalore of Northern Trust responds to Art Laffer’s WSJ op-ed demanding more tax cuts. The title above, of course, is ours (Asha’s far too professional and polite for a title like that).
Critics have attacked famed supply-sider Arthur Laffer’s contention in Monday’s WSJ that higher taxes on the wealthy rarely work because the wealthy simply shift their income. But there is evidence to support his argument. Consider Eddie Lampert.
Raleigh, N. C. In his Wall Street Journal guest editorial today, economist Athur Laffer called the initial decision to convert to a Roth IRA a “no-brainer.” (Tax Hikes and the 2011 Economic Collapse, WSJ, June 7, 2010).
UPDATED at 11:35 a.m.: Stocks have turned negative as mid-day trading approaches, as Wall Street follows the continued slide of the euro, a sign of Europe’s financial stability. The Dow is down two-tenths of 1 percent. The broader S&P 500 is down two-tenths of 1 percent. The tech-heavy Nasdaq is … Business – Employment – Stock market – Dow Jones Industrial Average – Stock
Tags: art laffer, arthur laffer, eddie lampert, reagan tax cuts, roth ira conversion