Government spending is taxation. When you look at this, I've

Government spending is taxation. When you look at this, I've

Arthur Laffer
22/09/2025
22/09/2025

Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.

(1 evaluate)
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've
Government spending is taxation. When you look at this, I've
Arthur Laffer
Arthur Laffer

American - Economist Born: August 14, 1940

With the author

What I'm not saying is that all government spending is bad. It's not - far, far from it, but there is no free lunch, as a former colleague of mine used to say. There is no public tooth fairy. Father Christmas does not work on the Treasury staff this year. You can never bail someone out of trouble without putting someone else into trouble.

Arthur Laffer

And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can't be done.

Arthur Laffer
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