Former Reagan Economic Advisor Art Laffer on the steps to boosting U.S. economic growth.
The highest marginal tax rate is 43 percent in an attempt to “tax into prosperity.”
Art Laffer says producers and manufacturers will always move from areas of higher taxes to areas of lower taxes.
Art Laffer says we are losing about 13 million jobs per year. He also says you can’t have a general recovery without a housing recovery.
Laffer says the problem with the Obama administration is that the administration treats taxpayers and people to be controlled as criminals instead of customers and the people that pay the bills.
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