The David Lin Report Art Laffer On Collapse Of Western Economies, Trump’s Next Move
12 snips
Dec 4, 2025 
Arthur Laffer, renowned economist and creator of the Laffer Curve, shares insights on the potential impacts of tax cuts under Trump’s plan. He argues that reducing income and payroll taxes can spur job creation and lower prices, addressing affordability concerns. Laffer critiques high taxes based on historical failures and discusses supply-side solutions to boost housing and employment. He emphasizes the role of AI in productivity and warns against government-run enterprises, advocating for efficient private incentives instead.
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Cut Taxes And Push Transparency
- Cut tax rates and payroll taxes to boost hiring and output quickly.
- Push medical price transparency to lower healthcare costs and increase affordability.
Affordability Is A Supply Problem
- Affordability is fundamentally a supply-side phenomenon: more output lowers prices.
- Policies that increase production — lower taxes, deregulation, sound money — drive affordability.
Proposition 13 Experience Cited
- Laffer references his involvement with California's Proposition 13 to support limiting property taxes.
- He argues lower property taxes raise values but spur builders to add supply and improve affordability.
