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" ... As we wrote in the book, “Kennedy’s absence after 1963 deprived the tax cut of its principal exponent, articulator, and enforcer. The cerebral tone that Kennedy brought to the question of the tax cut; his commitment to thinking through the real economic effects of a tax cut while unencumbered by the intellectual paradigms of university economics; the supreme social standing he had with [his Treasury Secretary Douglas] Dillon and Dillon alone [as opposed to his numerous Keynesian advisers]; and the native ambition Kennedy possessed that compelled him to solve the economic growth problem of his day had constituted the reason and credibility behind the administration’s commitment to see the tax cut through. With Kennedy gone, the mechanism of the tax cut that had kept the logic keen and the motive force strong was gone too, no matter the phenomenal quality of the prosperity that it unleashed.” ... "
" ... Hmmmmmmmmmmmmmmmm. An amazon.com search reveals that indeed, Arthur B. Laffer himself has put out a Handbook of Tobacco Taxation that must be most useful for those global governments not quite as credit-flush as our own here in the United States, governments that actually have to worry about paying the bills. Why ask the Philip Morris executive about the niceties of the revenue tipping point of a tax on a product, when you can read up from the master, the articulator of the concept himself? ... "