When you look at the government, when the government collects a buck, it's not free. They have to spend resources, the IRS, audits, all this sort of crap, to collect the dollar. I'm not assuming any Laffer curve effect here at all. There are just transactions costs of collecting that money.
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"When you look at the government, when the government collects a buck, it's not free. They have to spend resources, the IRS, audits, all this sort of crap, to collect the dollar. I'm not assuming any Laffer curve effect here at all. There are just transactions costs of collecting that money." — Arthur Laffer #moneywealth #politicsgovernment
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When you look at the government, when the government collects a buck, it's not free. They have…
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When you look at the government, when the government collects a buck, it's not free. They have to spend resources, the IRS, audits, all this sort of crap, to collect the dollar. I'm not assuming any Laffer curve effect here at all. There are just transactions costs of collecting that money. — Arthur Laffer
About Arthur Laffer
Arthur Laffer was a Economist from United States (1940–1989).
Frequently Asked Questions
Who said "When you look at the government, when the government collects a buck, it's not…"?
This quote is attributed to Arthur Laffer, a Economist from United States.
When did Arthur Laffer live?
Arthur Laffer lived from 1940 – 1989.
What is this quote about?
This quote touches on Money & Wealth, Politics & Government. Browse more quotes on these themes from the categories page.