The Laffer Curve, named after economist Arthur Laffer, works!
As the Curve predicts, increase in tax rates will tend to raise, rather than lower, actual tax revenues.
At the NATO summit this week, President Donald Trump was absolutely right to criticize the German government of Chancellor Angela Merkel for the deal it cut with Russian dictator Vladimir Putin to build a natural gas pipeline under the Baltic Sea connecting Russian producers with German consumers.
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Now Donald Trump has nominated Judge Brett Kavanaugh for the Supreme Court, it is crucial that we demand that our U.S. Senators vote to confirm him. Continue reading…
Now that AMLO — Andres Manuel Lopez Obrador — has been elected president of Mexico (to take office on December 1) the game has totally changed. He is a dedicated Castro and Chavez wannabe who will lead the emerging anti-American coalition in Latin America (members in good standing: Venezuela, Ecuador, El Salvador, Nicaragua, Cuba, and Bolivia).
The federal Bureau of Economic Analysis announced this week that the earning of workers in the durable manufacturing sector rose 12.2 percent compared with the same period last year.