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Actually Arthur Laffer now regrets promoting tax evasion by the very rich.
Actually Arthur Laffer now regrets promoting tax evasion by the very rich.
Now that you mention that, I remember hearing him interviewed on Bob Brinker's "Money Talk" and he said just that. Interesting that Obama caved so easily on this don't you think? But then again, Goldman Sachs, et all, has him in their hip pocket.
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President Obama, the warrior against those evil rich folks, has signed on to extend tax cuts to the dark side for "another two years." Listening to Obama announce his tax cuts "across the board," you'd think he was a supply-side economist. Arthur Laffer must be feeling very good to see his "trickle down economic" theories adopted by our former "tax the rich" President. I've been saying all along, you people have been completely duped into believing this guy was anything other than just another political hack that is being controlled by the REAL power behind the scenes: the super rich elitists that are pulling all the major strings.
http://blogs.forbes.com/brianwingfield/2010/12/06/for-the-rich-a-christmas-bonus-in-obamas-tax-deal/
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