"If you tax the rich and give the money to the poor, do not be surprised if you get a lot of poor people and very few rich people."
Before Art Laffer was dubbed "The Father of Supply-Side Economics," his theory that government tax cuts would stimulate economic growth and increase tax revenue was considered unrealistic by many economists. Today, 30 years after the invention of the famous "Laffer Curve," he is credited for sparking a worldwide tax cut movement.
Dr. Laffer is the founder and chairman of Laffer Associates, an economic consulting firm that provides supply-side investment research to institutional asset managers. His economic acumen has earned him positions in several presidential administrations.
He served on President Reagan's Economic Policy Advisory Board and was the first to hold the title of Chief Economist under Secretary of the Treasury George Shultz during the Nixon Administration.
Dr. Laffer's expertise has shaped groundbreaking public policy, including California's Proposition 13, which drastically cut property taxes in the late 1970s. His economic achievements have been recognized by Time Magazine, which listed him as one of "The Century's Greatest Minds." The Wall Street Journal considers him among "A Gallery of the Greatest People Who Influenced Our Daily Business."
Dr. Laffer holds a B.A. in economics from Yale University and an M.B.A. and Ph.D. from Stanford University. Please join us as he discusses the importance of supply-side economics, as well as anecdotes from his service in the Reagan administration.
May 10, 2006, 12:00 - 2:00 p.m.
5402 East Lincoln Drive
Scottsdale, Arizona 85253