Study / September 11,2012

Barack Obama and the Democrats in Congress are betting the future of the U.S. economy on a gamble that tax rates don’t matter: so raising income taxes, dividend taxes, and capital gains taxes in 2013, won’t hurt the economy. The evidence from the states, however,...

Study / August 24,2012

Chairman Mary Schapiro of the Securities and Exchange Commission announced Wednesday that she did not have the required votes among the SEC commissioners to proceed with new proposed regulations on money market mutual funds (MMFs). In her statement, she then urged other policymakers to act “to...

Articles / January 25,2012

Wednesday, January 25th, 2012 President Obama again pointed to Warren Buffett’s call for higher taxes on the rich in making the case for tax increases during his State of the Union address.  Indeed, ever since Mr. Buffett’s August op-ed ran in the New York Times claiming that he...

Articles / January 11,2012

Writing in the Wall Street Journal, Dr. Laffer takes aim at class warfare rhetoric and proposals to raise taxes on the rich, explaining why such tax increases never raise the revenue or achieve the social justice that their advocates promise.  In particular, Dr. Laffer focuses...

Articles / April 18,2011

Tax compliance employs more workers than Wal-Mart, UPS, McDonald’s, IBM and Citigroup combined. There is a lot more to taxes than simply paying the bill. Taxpayers must spend significantly more than $1 in order to provide $1 of income-tax revenue to the federal government. To start with,...

Articles / April 14,2011

The U.S. income tax system relies on taxpayers to self-report their income – the system only works if most taxpayers view the outcomes as fair and accurately self-report their income. As such, excessive tax complexity is undermining the very foundations of our current tax code....

Articles / November 11,2010

For now: Extend the Bush tax cuts, repeal ObamaCare, support free trade. After 2012: Enact a flat tax, stabilize prices, balance the budget, give politicians incentive pay. The Wall Street Journal 11/11/2010 Since its cyclical zenith in December 2007, U.S. economic production has been on its worst...