#114: Dr. Arthur Laffer—How Taxes and Economic Policy Affect Your Business

Business Made Simple Podcast

StoryBrand.ai

Marketing, Story, Bmsu, Businessmadesimple, Brand, Business, Bms, Storybrand, Entrepreneurship, 474622, Storytelling

4.8 • 2K Ratings

🗓️ 17 September 2018

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

If you’re a business owner, then you know how to pay your taxes. But do you understand the basic economic principles of how those taxes work? Or how economic policy affects your business’s growth?

Today on the Building a StoryBrand podcast, Donald Miller talks with Dr. Arthur Laffer, a prominent American economist whose ideas have shaped policy from the Reagan administration through today.

He gives us an accessible primer on how taxes work -- plus, we dive into other economic policy like trade, debt, and more. It’s straightforward, easy-to-understand, and frankly, a whole lot more fun than your Econ 101 class ever was.

http://buildingastorybrand.com/114

Transcript

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0:00.0	Welcome to the Building of Story Brand Podcast, where we believe if can fuse you'll lose, noise is the
0:14.0	enemy and creating a clear message is the best way to grow your business. I'm your
0:18.5	host Donald Miller. I'm joined by my co-host JJ Peterson.
0:21.0	Hi Don. J. J. We're going to play a game.
0:23.0	I'm going to say something.
0:24.0	It's like an association.
0:25.0	I say something.
0:26.0	You tell me what you think.
0:27.0	Okay.
0:28.0	Just stream of consciousness. Okay.
0:29.0	You ready?
0:30.0	Trickle down economics.
0:31.0	Ew.
0:32.0	Okay, but why?
0:33.0	That was honestly my first.
0:34.0	And why?
0:35.0	I'm curious as to why.
0:36.0	Because I think maybe a lot of people might feel that with.
0:38.0	Yeah, because I feel like in my gut when you say trickle down economics, I go,
0:42.0	oh that doesn't work like that the rich get
0:44.3	richer and that trickle down doesn't actually happen in general now I know that
0:50.9	in my own life I've actually been the what I would say recipient of
	...

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