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Supply-side economics is a macroeconomic theory that postulates economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade. According to supply-side economics, consumers will benefit from greater supplies of goods and services at lower prices, and employment will increase. Supply-side fiscal policies are designed to increase aggregate supply, as opposed to aggregate demand, thereby expanding output and employment while lowering prices. Such policies are of several general varieties:
- Investments in human capital, such as education, healthcare, and encouraging the transfer of technologies and business processes, to improve productivity. Encouraging globalized free trade via containerization is a major recent example.
- Tax reduction, to provide incentives to work, invest and take risks. Lowering income tax rates and eliminating or lowering tariffs are examples of such policies.
- Investments in new capital equipment and research and development (R&D), to further improve productivity. Allowing businesses to depreciate capital equipment more rapidly gives them an immediate financial incentive to invest in such equipment.
- Reduction in government regulations, to encourage business formation and expansion.
Arthur Betz Laffer is an American economist and author who first gained prominence during the Reagan administration as a member of Reagan's Economic Policy Advisory Board (1981–1989). Laffer is best known for the Laffer curve, an illustration of the theory that there exists some tax rate between 0% and 100% that will result in maximum tax revenue for government. In certain circumstances, this would allow governments to cut taxes, and simultaneously increase revenue and economic growth.
The Panics are an indie rock band originally from Perth, Western Australia, and currently based in Melbourne, Victoria.
Laffer may refer to:
Warriparinga, also spelt Warriparingga, is a nature reserve comprising 3.5 hectares in the metropolitan suburb of Bedford Park, in the southern suburbs of Adelaide, South Australia. Also known as Fairford, Laffer's Triangle and the Sturt Triangle, Warriparinga is bordered by Marion Road, Sturt Road and South Road, and is traversed by the Sturt River as it exists from Sturt Gorge to travel west across the Adelaide Plains.
Crack in the Wall is an EP by Australian band, The Panics. It was released in April 2004 by littleBIGMAN Records. The EP was recorded in the Australian summer of 2003/2004 at Kingdom Studio. The rear cover of the EP and inside photographs are of the band recording the EP, taken in the recording room of the studio, where the record was made.
The Panics is the debut extended play by Australian alternative rock band, the Panics. It was released in January 2002 by littleBIGMAN Records.
"Kid You're a Dreamer" is a song written and recorded by Australian band, The Panics. It was released in February 2003 as the lead single from the band's debut studio album, A House on a Street in a Town I'm From. It was recorded at Kingdom Studios by Dom Monteleone and at The Hit Factory with Stephen Bond. The drums and bass guitar were recorded at Kingdom Studios, while the piano was recorded at the Hyde Park Hotel with the remaining instruments and vocals completed at The Hit Factory.
Tatiara District Council is a local government area located in south-eastern South Australia. The name Tatiara is said to mean "the good country", a phrase which dates back to the area's first inhabitants, the Bodaruwitj people. It is one of the largest local government areas in South Australia at 6,476 km2 (2,500 sq mi). The district's economy is based primarily on agriculture, with cereal crops such as wheat, barley and oats and with livestock such as sheep, cattle and pigs prominent.
This is a list of members of the South Australian House of Assembly from 1933 to 1938, as elected at the 1933 state election:
In economics, the Laffer curve illustrates a theoretical relationship between rates of taxation and the resulting levels of the government's tax revenue. The Laffer curve assumes that no tax revenue is raised at the extreme tax rates of 0% and 100%, meaning that there is a tax rate between 0% and 100% that maximizes government tax revenue.
George Richards Laffer was an Australian politician. He was member of the South Australian House of Assembly from 1913 until 1933, representing the electorate of Alexandra for the Liberal Union, and its successors the Liberal Federation and Liberal and Country League. He was a minister in the Barwell government, and was Speaker of the South Australian House of Assembly from 1927 until 1930.
Gum Lagoon Conservation Park is an 8765 ha protected area about 40 km south-west of Keith in the Limestone Coast region of South Australia. It lies about 20 km inland from the southern end of the Coorong. It contains an isolated block of mallee woodland important for malleefowl conservation.
Alpha House is an American political satire streaming television series produced by Amazon Studios. The show starred John Goodman, Clark Johnson, Matt Malloy, and Mark Consuelos as four Republican U.S. Senators who share a house in Washington, D.C. It was created by Doonesbury creator Garry Trudeau. The show premiered on Amazon Prime Video on April 19, 2013.
Hamilton's Ewell Vineyards was a winery founded by Richard Hamilton (1792–1852) in the early days of the colony of South Australia.
William Henry Trimmer was a vigneron and politician in the early colony of South Australia.
This is a list of members of the South Australian House of Assembly from 1912 to 1915, as elected at the 1912 state election:
The County of Cardwell is one of the 49 cadastral counties of South Australia. It was proclaimed by Governor Dominick Daly in 1864 and named for Edward Cardwell, 1st Viscount Cardwell, who was appointed Secretary of State for the Colonies in the same year. It is located south east of Lake Albert abutting the coastline along the southern portion of the Coorong coastal lagoon. This includes the southern half of the contemporary local government area of the Coorong District Council and smaller parts of the Tatiara District and Kingston District council areas.
Laffer is a locality in the Australian state of South Australia located in the state’s south-east about 199 kilometres (124 mi) south-east of the state capital of Adelaide and about 57 kilometres (35 mi) west of the municipal seat in Bordertown.
Justin Laffer, known professionally as Jae Laffer is an Australian rock singer-songwriter and writer. He is the lead singer of West Australian-based rock band The Panics.
References
- ↑ "PLB". maps.sa.gov.au. Archived from the original on 12 October 2016. Retrieved 28 December 2018.
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