Arthur B Laffer

The definitive history of the effect of the income tax on the economy. Ever since 1913, when the United States first imposed the income tax via constitutional amendment, the top rate of that tax has determined the fate of the American economy. When the top rate has been high, as in the late 1910s, the 1930s, 1940s, 1950s, and 1970s, the response of those with money and capital has been to curtail real economic activity in favor of protecting assets and income streams. Huge declines have come to the economy in these circumstances. The most brutal example was the Great Depression itself. When the top tax rate has been cut and held at reduced levels--as in the 1920s, the 1960s, in the long boom of the 1980s and 1990s, and briefly in the late 2010s--astonishing reversals have occurred. The rich have brought their money out of hiding and put it to work in the economy. The huge swings in the American economy since 1913 have had an inverse relationship to income tax rates.

It's Memorial Day weekend when Danny and Maria move to a new town with a giant treehouse. The children spend long summer days with their new friends in the community park but are challenged to find a fair way for everyone to enjoy the treehouse. With a little guidance from Mrs. Quinn, the ever-present park volunteer, Danny, Maria and their friends explore monarchy, anarchy, dictatorship and communism only to find that these options lack freedom and choice. Through their own experiences the children decide that democracy is truly the best form of governing the treehouse and celebrate their newly-found freedom on Independence Day Let's Chat About Democracy is an enthusiastic and patriotic story for both children and adults. In addition to a delightful story set in a treehouse, readers are provided with the Pledge of Allegiance, Preamble to the Constitution and the Bill of Rights. Written for families of elementary-age children, Let's Chat About Democracy is the second book in the Let's Chat About series from Michelle Balconi, economist Dr. Arthur Laffer and illustrator Mary Cindrich. This series of books provides a framework based upon fun stories and real terms for adults and young children to discuss economics, democracy and immigration and then continue these conversations throughout life. Learn more at www.letschatbooks.com

It's Memorial Day weekend when Danny and Maria move to a new town with a giant treehouse. The children spend long summer days with their new friends in the community park but are challenged to find a fair way for everyone to enjoy the treehouse. With a little guidance from Mrs. Quinn, the ever-present park volunteer, Danny, Maria and their friends explore monarchy, anarchy, dictatorship and communism only to find that these options lack freedom and choice. Through their own experiences the children decide that democracy is truly the best form of governing the treehouse and celebrate their newly-found freedom on Independence Day Let's Chat About Democracy is an enthusiastic and patriotic story for both children and adults. Written for families of elementary-age children, Let's Chat About Democracy is the second book in the Let's Chat About series from Michelle Balconi, economist Dr. Arthur Laffer and illustrator Mary Cindrich. This series of books provides a framework based upon fun stories and real terms for adults and young children to discuss economics, democracy and immigration and then continue these conversations throughout life. Learn more at www.letschatbooks.com

In this vital economic roadmap, economist Arthur Laffe and journalist Stephen Moore lay out the essential components of a healthy economy: lower government spending, debt reduction, and the return of the investor class.With the economy flat on its back, unemployment at a twenty-five-year high, and the housing default crisis still worsening, is it even possible to turn our financial problems around? Economic icon Arthur B. Laffer and journalist Stephen Moore believe America can once again become the land of economic opportunity, and this brilliant new book tells us exactly how. In their rousing clarion call against the government’s current fiscal strategies, The End of Prosperity, the authors focused on how lowering taxes will promote economic growth. Now, they detail the other crucial components. Simply put, the keys to prosperity are low, flat-rate taxes; government spending restraint; sound and stable money; free trade; and minimal regulation. This book gives concrete proposals on how to return to prosperity using common sense principles of good economic behavior. While most of the proposed solutions to our economic decline are fraught with peril, Return to Prosperity provides a refreshing counterbalance—a prescription for the fundamental tools America needs in order to set out on the road to recovery. It is essential reading for anyone who worries that the current economy is faltering, with no clear plan articulated to stop it.

Now available in paperback with a new updated chapter, this timely book by three distinguished economists delivers an urgent message: Americans risk losing their high standard of living if the pro-growth policies of the last twenty-five years are reversed by a new president. Since the early 1980s, the United States has experienced a wave of prosperity almost unprecedented in history in terms of wealth creation, new jobs, and improved living standards for all. Under the leadership of Presidents Ronald Reagan and Bill Clinton, Americans changed the incentive structure on taxes, inflation, and regulation, and as a result the economy roared back to life after the anti-growth, high-inflation 1970s. Now, America is moving away from these growth policies and putting its prosperity at risk. Laffer, Moore, and Tanous provide the factual information every American needs in order to understand exactly how we achieved the prosperity many people have come to take for granted, and explain how the policies of Democrats Barack Obama, Hillary Clinton, and Nancy Pelosi can cause America to lose its status as the world growth and job creation machine. This book is essential reading for all Americans who value our nation’s free enterprise system and want to know how to protect their own investments in the coming storm.