Laffer curve

Brown Books Publishing Group Releases Economics Book Ahead of Presidential Election 2024, Alerting Voters Why They Should Give a Damn

Retrieved on: 
Friday, May 3, 2024

With another presidential election year underway, it is paramount to share an economics education of our rising national debt.

Key Points: 
  • With another presidential election year underway, it is paramount to share an economics education of our rising national debt.
  • Why You Should Give a Damn About Economics skillfully breaks down complex economic theories with engaging real-world examples and humorous cartoons drawn by New Yorker cartoonist Lisa Rothstein.
  • Whether a student, a professional, or someone simply looking for a basic understanding of economics in our country, Rubin’s book promises to be an enlightening and essential resource for voters.
  • “Why You Should Give a Damn About Economics provides easy-to-understand examples of how tax-and-spend policies have led us to economic instability.

Secretary Buttigieg, Mitch Landrieu Join Economic Thought Leaders to Discuss a People-Centered Economy

Retrieved on: 
Friday, November 3, 2023

Just as today’s jobs report highlights a resilient workforce - upending previous economic opinions that pointed to a recession - Bold New Consensus presented a range of economic ideas to highlight how we can reconsider prevailing economic theories and continue charting a different path for our economic future.

Key Points: 
  • Just as today’s jobs report highlights a resilient workforce - upending previous economic opinions that pointed to a recession - Bold New Consensus presented a range of economic ideas to highlight how we can reconsider prevailing economic theories and continue charting a different path for our economic future.
  • Let’s be bold.”
    “At some point, people will realize we’ve transformed the state of the United States economy forever,” said White House Senior Advisor and Infrastructure Coordinator, Mitch Landrieu.
  • These communities proposed these changes to us, so their ideas, their plans, and their voices are being heard.
  • Economic Security Project advocates for ideas that build economic power for all Americans.

Canada's Corporate Tax Cut Success: A Lesson for Americans

Retrieved on: 
Tuesday, August 14, 2018

MONTREAL, Aug.14, 2018 /PRNewswire/ -In December 2017, President Donald Trump cut corporate tax rates from 35% to 21%, effective immediately.

Key Points: 
  • MONTREAL, Aug.14, 2018 /PRNewswire/ -In December 2017, President Donald Trump cut corporate tax rates from 35% to 21%, effective immediately.
  • Between 2001 and 2012, successive Canadian governments of varying political stripes systematically reduced the corporate tax rate, which went from 28% in 2000 to 15% in 2012.
  • As pointed out by American economist Arthur Laffer in the context of the 1980s Reagan tax cuts, high tax rates can discourage economic activity which, in turn, means less corporate income to tax.
  • The Economic Note entitled "Canada's Corporate Tax Cut Success: A Lesson for Americans" was prepared by Mathieu Bdard and Adam Michel, respectively economist at the MEI and policy analyst at the Heritage Foundation.