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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>[https://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>[https://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>
Leftists and RINO Republicans inconceivably opposed President [[Trump]]'s proposed [[payroll tax]] cut as part of a coronavirus relief bill in 2020.[https://www.washingtonexaminer.com/news/congress/republicans-ignoring-trumps-proposal-to-cut-payroll-taxes-in-next-aid-package][https://www.foxbusiness.com/politics/trump-wants-payroll-tax-cut-gop]
==Notes==
==Notes==