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"You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States."

―

Wal-Mart

From

Economist

Added on

About Arthur Laffer

American economist known for contributions to supply-side economics and for the Laffer Curve, which models relationships between tax rates and tax revenue. He has advised political leaders and policy institutions on fiscal and economic strategy. His work has been influential in U.S. tax policy debates.

Born:

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