Increased taxation is a common solution to challenging economic times, but history shows that high tax rates benefit no-one. In this episode, legendary economist Dr. Arthur B. Laffer explains why higher taxes don’t promote prosperity and shares timeless principles to restore America’s economic success.   YOU WILL LEARN:·     How supply-side economics works.·     Why the patterns of America’s economic past predict its future. ·     How entrepreneurs can prosper in this environment.   MENTIONED IN THIS EPISODE: “Taxes Have Consequences,” by Dr. Arthur B. Laffer “The Emigrant Edge,” by Brian Buffini NOTEWORTHY QUOTES FROM THIS EPISODE: “Whenever you redistribute income, you always reduce total income.” – Dr. Arthur B. Laffer “There is no benefit to the poor of taxing the rich.” – Dr. Arthur B. Laffer “If you tax the most productive members of society, they will not be able to lead you to prosperity.” – Dr. Arthur B. Laffer “America is great because a small group of people of the entrepreneurial spirit are able to create new products and new developments that benefit the whole society.” – Dr. Arthur B. Laffer “There's nothing more important than free trade - it's what causes the world to boom.” – Dr. Arthur B. Laffer Hosted on Acast. See acast.com/privacy for more information.