Laffer curve in tax rates to increase revenue, the current tax rate would need to be higher than the revenue maximizing rate. In 2007, Laffer said that the curve should not be the sole basis for raising or lowering taxes. Supply-siders argue that in a high tax rate environment, lowering tax rates would result in either increased revenues or smaller revenue losses than one would expect relying on only static estimates of the previous tax base. This led supply-siders to advocate large reductions in marginal income and capital gains tax rates to encourage greater investment, which would produce more supply. Jude Wanniski
Arthur Laffer Company funded by Tako Ventures, a funding arm of Larry Ellison. In 2008, Laffer joined the Board of Alpha Theory, a non-public Fundamental Portfolio Optimization software for hedge and mutual funds. Laffer recently joined the advisory board of Collabarium Capital. In 2010, Laffer joined the Boards of Executive Trading Solutions, an LLC providing the top technological solution for management of Rule 10b51 stock trading plans, and Consensus Point, a provider of an enterprise prediction markets platform. In 2015, Laffer joined the board of General Employment Enterprises, (JOB), a rapidly growing staffing company located in Illinois. Laffer has branched into writing