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Notable Quote

"If you tax people who work, and you pay people who don't work, do not be surprised if you have a lot of people not working."

— Laffer, Arthur event 2025

From play_circle Reeves Needs a Lesson on Tax

Context: On how taxing income while subsidizing unemployment predictably produces more unemployment, from an October 2025 interview on The Daily T podcast.

Topics

payments Taxation emoji_events Incentives show_chart Laffer Curve account_balance Welfare State