Art Laffer

Arthur B. Laffer, Ph.D., is chairman of Laffer Associates and has served as an adviser to Presidents Reagan and Trump.  Dr. Laffer is a recipient of the Presidential Medal of Freedom.    

Capitalism vs. income redistribution, explained

What do you honestly think would happen to total income if everyone who worked, no matter how hard, was only able to receive the average income and everyone who didn’t work, or worked very little, also received the very same average income?