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The Latest Breaking News from Arthur Laffer

Reform to reinstate two-child benefit cap as Jenrick pledges ‘fiscal discipline’

Sir Keir Starmer criticised Robert Jenrick’s announcement as ‘shameful’, as Reform’s Treasury spokesperson claimed the policy is unaffordable.

The Independent UK

Bessent, House Democrats spar over budget package's debt boost - Roll Call

Democrats questioned Treasury Secretary Scott Bessent over the effect of Republicans’ “big, beautiful” reconciliation bill on the debt.

Roll Call

Starmer says Farage would spook the City and give us Truss 2 – he could be right

It is not the cryptocurrencies message that is raising eyebrows, it is Reform’s broader tax and spending policies

The Guardian - UK

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‘A new golden age’: how rightwing media stuck by Trump as global markets collapsed

Trump’s tariffs were sometimes played down, sometimes cheered but rarely seriously questioned by the right

The Guardian - US

Hyundai Tells Dealers To Brace For Tariff Impacts

Today is April Fools' Day. But you know what's no joke? Tariffs, which are on the docket to begin in an unprecedented way tomorrow. Automakers across the globe are scrambling to figure out how to deal with them, and soon dealers will need to figure out how to convince consumers…

InsideEVs

Trump's Tariff Threats Are 'Leverage,' Says Informal Economic Advisor

Donald Trump's recent threat to impose 25 percent tariffs on Canada and Mexico are a negotiating tactic, the president's long-time informal economic advisor argued Wednesday.

International Business Times

OPINION - Labour's non-dom problem raises awkward questions about how to fund better public services

If nothing else, economists are good at naming things. Malthusianism, Abenomics or, my personal favourite, Baumol's cost disease. But for policymakers, the most important theory is perhaps the Laffer curve, named after the American economist Arthur Laffer, who argued there is a theoretical tax rate at which maximum revenue is…

Evening Standard

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The UK needs an energy transition not an energy cliff-edge

City Voices: Labour must be careful not to destroy energy investment with taxes

Evening Standard

Trump's big con is a flop

Trump's only legislative accomplishment was a massive tax cut for the rich — and the results are now in

Salon

Trump plots tax cuts as poverty rises

Trump and his advisors are setting sights on an aggressive tax cut plan to push during his 2024 campaign

Salon

Tenn. GOPer "a fraud like George Santos"

Tenn. Rep. Andy Ogles dubiously claimed he was an economist, a police officer and a sex trafficking expert

Salon

Editorial: GOP economics still reveres the disproven 'Laffer curve.' Why can't they learn?

Arthur Laffer, the Reagan-era guru of trickle-down economics, was unchastened by the deficit explosion back then, which effectively disproved his theory that cutting taxes on the rich would increase government tax revenue. According to a recent Washington Post writeup, Laffer continues to be unchastened now, even as Britain reels from…

St. Louis Post-Dispatch

‘Rout worse than 1997’: once-loyal Tory press turn on Truss and party

Columnists paint a bleak picture for the PM, but some of them think she can still turn things around

The Guardian - UK

Liz Truss favours trickle down economics but results can be trickle up

UK PM is reviving the idea that cutting taxes for the better off ultimately benefits everyone. The IMF disagrees

The Guardian - UK

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WEKU

A superstar investor with the Midas touch or just lucky? The puzzle of Cathie Wood

She became one of Wall Street's most successful stock pickers during the pandemic, with millions of followers in social media, but Wood is struggling this year and facing intense scrutiny.

Financial Times

Ark Invest CEO Cathie Wood on everything from deflation to Elon Musk

A year ago, she managed more than $60bn. Now she faces the toughest battle of her career

People

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