Arthur Laffer

ALEC Publishes 'Essential Policy Solutions 2025' Playbook - State-Level Corporate and Income Tax Elimination Agenda, Coordination with Federal Project 2025

| Importance: 8/10

In February 2025, the American Legislative Exchange Council (ALEC) published its ‘Essential Policy Solutions’ playbook for 2025, doubling down on its decades-long campaign to eliminate state corporate and individual income taxes and replace them with higher sales taxes—a regressive shift …

American Legislative Exchange Council (ALEC) Lisa Nelson Arthur Laffer State Policy Network Heritage Foundation +4 more alec tax-policy state-legislation corporate-corruption regressive-taxation +6 more
Read more →

Kansas Legislature Overrides Brownback Veto to Repeal Failed Tax Cuts - Republican-Controlled Legislature Rejects Supply-Side Economics After Devastating 5-Year Experiment

| Importance: 9/10

On June 6, 2017, the Republican-controlled Kansas legislature voted to override Governor Sam Brownback’s veto and repeal the massive tax cuts enacted in May 2012, marking one of the most decisive rejections of supply-side economics in modern American history. The veto override passed with …

Sam Brownback Kansas Legislature Arthur Laffer American Legislative Exchange Council (ALEC) Kansas Republican Party +1 more kansas tax-policy supply-side-economics alec fiscal-crisis +7 more
Read more →

Kansas Governor Brownback Signs ALEC-Laffer Tax Plan Eliminating Pass-Through Business Income Taxes - 'Kansas Experiment' Becomes Test Case for Supply-Side Economics

| Importance: 9/10

On May 22, 2012, Kansas Governor Sam Brownback signed Senate Bill Substitute HB 2117, implementing what became known as the ‘Kansas experiment’—the most aggressive implementation of ALEC’s corporate tax-cutting agenda ever attempted by a U.S. state. The legislation eliminated state …

Sam Brownback Arthur Laffer American Legislative Exchange Council (ALEC) Kansas Legislature Koch Industries alec corporate-corruption tax-policy kansas supply-side-economics +5 more
Read more →

ALEC Launches 'Rich States, Poor States' Report with Arthur Laffer - Annual Corporate Tax Competition Manifesto to Drive Interstate Race-to-Bottom

| Importance: 8/10

In 2007, the American Legislative Exchange Council (ALEC) launched its first annual ‘Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index’ report, co-authored by economist Arthur Laffer, Stephen Moore, and ALEC staff. The report ranked all 50 states based on 15 …

American Legislative Exchange Council (ALEC) Arthur Laffer Stephen Moore Jonathan Williams Koch Industries alec corporate-corruption tax-policy race-to-bottom propaganda +4 more
Read more →

Reagan Signs Economic Recovery Tax Act (ERTA) - Top Rate Slashed from 70% to 50%, Corporate Tax Cuts Total $150 Billion Over Five Years

| Importance: 9/10

On August 13, 1981, President Ronald Reagan signed the Economic Recovery Tax Act (ERTA) into law, enacting one of the largest tax cuts in American history. The Act reduced the highest marginal individual income tax rate from 70% to 50% and the lowest rate from 14% to 11%, implementing an …

Ronald Reagan Jack Kemp William Roth David Stockman Heritage Foundation +3 more tax-policy reagan-administration supply-side-economics corporate-corruption wealth-transfer +4 more
Read more →

Arthur Laffer Sketches Curve on Napkin with Rumsfeld and Cheney, Creating Supply-Side Icon

| Importance: 8/10

Arthur Laffer, University of Chicago professor, sketches a curve on a napkin during dinner with Jude Wanniski (Wall Street Journal associate editor), Donald Rumsfeld, and Dick Cheney, creating the iconic diagram that will justify massive tax cuts for the wealthy and become the intellectual …

Arthur Laffer Jude Wanniski Donald Rumsfeld Dick Cheney supply-side-economics laffer-curve tax-policy chicago-school economic-ideology
Read more →