Changes

Laffer wrote:

Laffer wrote:

* Because tax cuts create an [[incentive]] to increase output, [[employment]], and [[production]], they also help [[balance the budget]] by reducing means-tested [[government expenditures]]. A faster-growing economy means lower [[unemployment]] and higher [[income]]s, resulting in reduced [[unemployment benefits]] and other social [[welfare programs]].<ref name=laffer-ppf> [http://www.heritage.org/Research/Reports/2004/06/The-Laffer-Curve-Past-Present-and-Future The Laffer Curve: Past, Present, and Future] - Arthur Laffer - June 1, 2004</ref>

* Because tax cuts create an [[incentive]] to increase output, [[employment]], and [[production]], they also help [[balance the budget]] by reducing means-tested [[government expenditures]]. A faster-growing economy means lower [[unemployment]] and higher [[income]]s, resulting in reduced [[unemployment benefits]] and other social [[welfare programs]].<ref name=laffer-ppf>[http://www.heritage.org/Research/Reports/2004/06/The-Laffer-Curve-Past-Present-and-Future The Laffer Curve: Past, Present, and Future] - Arthur Laffer - June 1, 2004</ref>

==Notes==

==Notes==