Laffer versus Thatcher

September 1979
National Review;9/14/1979, Vol. 31 Issue 37, p1138
The article reports that economist Arthur Laffer has criticized the economic policy of British Prime Minister Margaret Thatcher. According to Laffer, the increase in the rates of value-added tax would offset the decrease in income tax rates. He has cited the decrease in stock prices at the London Stock Exchange as the sign of impending failure of British economy.


Related Articles

  • October Cuts are a Beginning, not an End. Clemens, Jason; Veldhuis, Niels // Fraser Forum;Dec2007/Jan2008, p5 

    The article reports on the significance of the Canadian Government's $60 billion business tax reductions, and its plan to improve fiscal competitiveness and economic incentives. Reductions include a 15% corporate income tax reduction by 2012, a one point reduction in Goods and Services Tax...

  • LEGAL LANDSCAPE.  // Philippines Country Profile;11/1/2011, p69 

    The article focuses on the legal structure of the Philippines. It notes the works of the Supreme Court in canceling the automated counting of votes in the 2004 elections, as well as in suspending the implementation of the extended value-added tax (eVat) scheme. It also presents a chart depicting...

  • Cabinet report upbeat on GDP. CZIFRA, ZSÓFIA // Budapest Business Journal;5/8/2015, Vol. 23 Issue 9, p03 

    The article focuses on the Convergence Program submitted by the Hungarian government to the European Commission (EC) on April 30, 2015 which expects the better economic performance with the shrinking in the budget deficit and rise in gross domestic products (GDP). It mentions that the cabinet...

  • About 74% of P.R. adults don't favor proposed 16% value-added tax. FAJARDO, ROSARIO // Caribbean Business;3/19/2015, Vol. 43 Issue 10, p22 

    The article offers information on the result of a poll conducted by Gaither International which shows that 74% of adults in Puerto Rico disagrees on proposed 16% value added tax (VAT) by the commonwealth government. It mentions that the proposal was filed by Puerto Rico Governor Alejandro...

  • Laffer Curve Worked Again. Bowyer, Jerry // Human Events;12/26/2005, Vol. 61 Issue 44, p5 

    This article discusses the Laffer Curve popularized by economist Arthur Laffer. The purpose of the Laffer Curve is explained. Also, it explained the logic behind the Laffer Curve. It compares the U.S. federal tax receipts for October and November 2005 with the first two months of fiscal 2005,...

  • AHEAD OF THE CURVE. Swanson, Bret // American Spectator;Jan/Feb2002, Vol. 35 Issue 1, p36 

    Interviews economist Arthur Laffer about his views on the U.S. economy. His opinion on the cause of the economy's decline in 2001; Solutions he offered to the Bush administration on how to revive the economy; Background of Laffer; Information on Laffer curve economics.

  • VAT Tax Shadowboxing. Clark, Charles S. // National Journal;6/19/2010, p20 

    The article focuses on the debate over imposing a value added-tax (VAT) in the U.S. as of June 2010. An editorial in the "Wall Street Journal" opined that Republicans should be cautious about agreeing to a new VAT proposed by Democrats in exchange for lower income-tax rates. Former Federal...

  • On the Optimal Rate Structure of an Individual Income Tax. Chang, Ching-Huei // Southern Economic Journal;Apr94, Vol. 60 Issue 4, p927 

    Provides an approach to the problem of the optimal progression of a graduated income tax system. Case of identical tastes and earnings; Identical earnings and different tastes; Identical tastes and different wages.

  • German puzzle--retail sales slump.  // Market: Europe;Oct2006, Vol. 17 Issue 10, p4 

    The article reports on the status of retail sales in Germany. A research found that German consumers are willing to spend in September 2006 because the country's value-added tax will rise in January 2007. The report of "Financial Times" regarding the issue is cited. The forecasts of economists...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics