Higher taxes will not raise more money, Arthur Laffer warns Reeves

Higher taxes will not raise more money, Arthur Laffer warns Reeves

Leading US economist says fresh Budget raid on workers and businesses will be self-defeating

Higher Taxes Will Not Raise More Money, Arthur Laffer Warns Reeves – The Daily Sceptic

Top US economist Arthur Laffer, the man behind the Laffer curve and once an adviser to Reagan and Thatcher, says Rachel Reeves is pushing Britain past the critical point where higher taxes actually bring in less money.