What is Supply-Side Economics?

Supply-side economics emphasizes economic growth achieved by tax and fiscal policy that creates incentives to produce goods and services by lowering marginal tax rates to increase the after-tax rate of return.

Who is Dr. Arthur Laffer?

Arthur B. Laffer’s economic acumen and influence in triggering a world-wide tax-cutting movement in the 1980s have earned him the distinction in many publications as “The Father of Supply-Side Economics.”