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Dr. Arthur Laffer, Reagan Advisor and...

Dr. Arthur Laffer, Reagan Advisor and “Father of Supply-Side Economics,” Endorses HB1439

By: Magnolia Tribune - March 11, 2021

Dr. Arthur Laffer, Reagan Advisor and “Father of Supply-Side Economics,” Endorses HB1439 Jackson, Miss. – Today Dr. Arthur Laffer, former Chief Economist at the Office of Management and Budget and key member of President Reagan’s Economic Policy Advisory Board, endorsed HB1439, the Mississippi Tax Freedom Act of 2021:

“For decades, I’ve worked with state legislators to eliminate the tax that is the single greatest threat to state economic growth and prosperity—the income tax,” said Dr. Laffer. “My hat goes off to Mississippi Speaker of the House Philip Gunn and his colleagues for their bold plan to make Mississippi more prosperous through income tax elimination and fiscal discipline. America is watching. Mississippi has a once in a generation opportunity to re-position itself for economic growth.”

“I am very pleased to have Dr. Laffer’s support for HB1439,” noted Speaker Gunn. “Dr. Laffer’s leadership was a key inspiration for President Reagan’s transformative tax cuts, which set off an unprecedented boom in the American economy. There is no bigger name in tax reform circles nationally than Dr. Laffer. His support demonstrates the strength of HB1439. It is a credit to the hard work of Chairman Trey Lamar, Speaker Pro Tem Jason White, and our House members. As Dr. Laffer said, this is a once in a generation opportunity. I urge Lt. Governor Hosemann and our Senate to work with the House to bring transformative tax reform to Mississippi this session.”

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Magnolia Tribune

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