Economist-for-hire Arthur Laffer

Economist-for-hire Arthur Laffer - the man behind the General Assembly's plan to eliminate the personal & corporate income taxes - headlined an event in Raleigh last night with members of the American Legislative Exchange Council. Under the Dome did a piece on the event that's worth the read.


Laffer is a joke

He has yet to offer anything besides a bunch of happy talk about how his plans will make up for the whopping disparities that will result. The truth is, his plans designed to destroy government, pure and simple.

Just watch the black market boom

I can see one "happy" result of upping the sales tax for things like food. People will start trading underground. They already do with things like yard sales and Craigslist.