The Laffer Curve and Supply-Side Economics

Celebrating the 50th anniversary of the Laffer Curve, a concept that suggests cutting tax rates can increase revenue and economic growth. Arthur Laffer's visualization on a napkin in 1974 sparked a school of thought known as supply-side economics. The idea was embraced by Ronald Reagan and continues to influence policies today, including President Trump's pro-growth initiatives.

Inflation and Misleading Claims by President Joe Biden

President Joe Biden falsely claimed he inherited 9% inflation upon taking office, but it actually rose to 9% 17 months into his presidency. He also made other misleading claims about job creation, COVID-19 remarks, and billionaire tax rates.

Tax Avoidance by Pharmaceutical Companies in the U.S.

Many large pharmaceutical companies in the U.S. pay very low taxes, with effective tax rates far below the 21% corporate tax rate. Pfizer, for example, reported a negative effective tax rate despite booking $59 billion in revenue.