2107: Laffer Curve and Reaganomics, A Game-Changer in Global Economics | Dr. Arthur Laffer

Discover the fascinating history behind the influential Laffer curve with the renowned economist #ArthurLaffer. This curve played a pivotal role in the Reagan revolution, transforming global economics. Dive into the concept that excess taxation can hinder government revenue, unraveling the counterintuitive nature of economics.

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And today's conversation is between Jason and Arthur Laffer which covers a range of topics related to taxation and economics. They begin by discussing Arthur's Laffer curve concept, which explores the relationship between tax rates and tax revenues. They also examine the impact of tax policies on different groups in society and the economy. The discussion then shifted to the effects of tax policies on property markets, using California's Prop 13 as an example. Finally, they discuss the political career of former President Reagan, highlighting his leadership style and adaptability.

Key Takeaways:

Jason's editorial

1:34 Welcome Arthur Laffer

2:22 Guess how old Jason is in this picture with Arthur

3:08 The "Laffer Curve" on a napkin

4:07 Join the cruise! Sigh up at https://empoweredinvestorlive.com/

Arthur Laffer interview

5:27 What is the Laffer curve?

9:15 Is there an optimum tax rate?

10:42 Balancing economic activity and productivity

11:43 Where we are today and where we're going

13:03 How long does the Laffer Curve work it's way into the economy

15:04 Howard Jarvis and Prop 13

17:07 Reaganomics

19:13 What the future looks like

 

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