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‘Sometimes it takes a PhD in economics not to be able to understand the obvious’ | Dr. Arthur Laffer

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Dr. Arthur Laffer on Income Inequality and Taxation

Dr. Arthur Laffer discusses the concept of income inequality and its relationship with taxation. He argues that income inequality can be reduced by both the rich and the poor becoming wealthier, as opposed to everyone becoming poorer. Laffer points out that raising the highest marginal income tax rates tends to underperform the economy and make the poor even poorer. He emphasizes that rich people play a significant role in job creation and economic growth and suggests that the focus should be on letting them concentrate on what they do best, rather than imposing higher taxes.

#IncomeInequality #Taxation #EconomicPolicy #LafferCurve #TaxPolicy #WealthCreation #EconomicGrowth #RichvsPoor #TaxRates #gbnews

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5 Comments

5 Comments

  1. @khakicampbell6640

    December 24, 2023 at 7:20 pm

    So he's saying the rich are going to weasle out of their financial obligations to our government (and entire economic system), so we should just basically LET THEM??? Ridiculous.
    He's one of the "hired hands" he spoke of, to make their point for them.
    He brags about working with Reagan. It's been long proven that "trickle down" theory doesn't work. Look at the continued income disparity since that time.
    Sometimes it takes a PhD in economics to continue to pull the wool over people's eyes… 🙄

  2. @ssuwandi3240

    December 24, 2023 at 7:20 pm

    The rich getting poor faster because of cheap debts just get charged 500 times in 15 months. The poor got none of Ponzy risk assets backed debt participation thank god

  3. @wundurra24

    December 24, 2023 at 7:20 pm

    This is Tufton Street, Tory propaganda.

  4. @stephfoxwell4620

    December 24, 2023 at 7:20 pm

    The headline is a meaningless riddle.

  5. @sirrodneyffing1

    December 24, 2023 at 7:20 pm

    Arthur Laffer has spent his life trying to tell stupid lefty idiots the literal facts of economic life; but they don’t want they hear reality; their fantasies are more important to them.

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Business UK

Maggie Oliver EXPLAINS to Nigel Farage why she is taking the Gov to court ‘promises mean NOTHING!’

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‘The Prime Minister makes these commitments following Russell Brand…every one of those [grooming gangs] survivors feel like they’re being trampled on again’

Grooming gangs whistleblower Maggie Oliver on taking the Government to court over failure to implement recommendations.

#nigelfarage #maggieoliver #labour

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PMQs Live | Wednesday 11th November

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Prime Minister’s Questions as Andy Burnham and Kemi Badenoch go head to head in the House of Commons.

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Nigel Farage: Can Labour be TRUSTED to deal with this!?

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Nigel Farage applauds Maggie Oliver for challenging the government’s lack of action over the grooming gangs scandal.

The Rochdale whistleblower is taking legal action against the Home Office over its alleged failure to adopt all of the 20 major reforms suggested after the Independent Inquiry into Child Sexual Abuse (IICSA).

The inquiry, which concluded in 2022 and cost roughly £200 million, was launched to examine how public and private institutions failed to protect children from sexual abuse.

Speaking on GB News, Farage said: “Can this Labour government be trusted to actually put into law and carry out these recommendations?”

#GroomingGangs #MaggieOliver #NigelFarage #Labour #GBNews

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BREAKING: Two men charged with National Security Act offences following RAF Fairford investigation

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BREAKING: Two people have been charged under the National Security Act following a suspected terror plot at RAF Fairford.

Mohmed Ahmad Abdulkarim, 24, and Nouman Essghir, 24, have been charged after an investigation into the suspected terror plot, the Crown Prosecution Service said.

Abdulkarim, of London, has been charged with assisting a foreign intelligence service while Essghir, also of London, has been charged with entering a prohibited place for a purpose prejudicial to the UK.

The two men will appear at Westminster Magistrates’ Court on Tuesday.

#BreakingNews #RAFFairford #security #uknews #GBNews

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Maggie Oliver TAKING Government to court over its FAILURE to protect children – ‘enough is ENOUGH!’

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‘They have gone to extraordinary lengths to prevent this judicial review from happening!’ Maggie Oliver explains why she is taking …

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