2107: Laffer Curve and Reaganomics, A Game-Changer in Global Economics | Dr. Arthur Laffer

Discover the fascinating history behind the influential Laffer curve with the renowned economist #ArthurLaffer. This curve played a pivotal role in the Reagan revolution, transforming global economics. Dive into the concept that excess taxation can hinder government revenue, unraveling the counterintuitive nature of economics. Join the Empowered Investor Cruise for exclusive insights from experts and gain strategies for wealth building. Don't miss the chance to explore this captivating journey and register at https://empoweredinvestorlive.com/ And today's conversation is between Jason and Arthur Laffer which covers a range of topics related to taxation and economics. They begin by discussing Arthur's Laffer curve concept, which explores the relationship between tax rates and tax revenues. They also examine the impact of tax policies on different groups in society and the economy. The discussion then shifted to the effects of tax policies on property markets, using California's Prop 13 as an example. Finally, they discuss the political career of former President Reagan, highlighting his leadership style and adaptability. Key Takeaways: Jason's editorial 1:34 Welcome Arthur Laffer 2:22 Guess how old Jason is in this picture with Arthur 3:08 The "Laffer Curve" on a napkin 4:07 Join the cruise! Sigh up at https://empoweredinvestorlive.com/ Arthur Laffer interview 5:27 What is the Laffer curve? 9:15 Is there an optimum tax rate? 10:42 Balancing economic activity and productivity 11:43 Where we are today and where we're going 13:03 How long does the Laffer Curve work it's way into the economy 15:04 Howard Jarvis and Prop 13 17:07 Reaganomics 19:13 What the future looks like   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com