Economic policy of the George W. Bush administration finance Social Security and Medicare benefits as well as investments in schools, health, infrastructure, and basic research... [and] generate further inequalities in after-tax income." The Bush administration had claimed, based on the concept of the Laffer Curve, that the tax cuts actually paid for the themselves by generating enough extra revenue from additional economic growth to offset the lower taxation rates. However, income tax revenues in dollar terms did not regain their FY 2000 peak until 2006. Through the end of 2008, total federal tax revenues relative to GDP had yet to regain their 2000 peak. When asked whether the
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