“In 1994, Estonia became the first European country to adopt a flat tax...” — Arthur Laffer Quote

In 1994, Estonia became the first European country to adopt a flat tax, and its 26 percent flat tax dramatically energized what had been a faltering economy. Before adopting the flat tax, the Estonian economy was literally shrinking. In the eight years after 1994, Estonia experienced real economic growth - averaging 5.2 percent per year.

Raising taxes is not a frivolous venture that you do on the editorial page of 'The New Republic,' for god sakes. It's something that you really have to think about and go through carefully.

Let me just try to give you sort of the intuitive one here on the stimulus funds. If you have a two-person economy - let's imagine we have two farms, and that's the whole world, just two farms. If one of those farmers gets unemployment benefits, who do you think pays for him? Am I going way over your heads today?

The United States is a nation located in the global economy, and we get enormous, enormous benefits from dealing with foreigners.

In L.A., it's easy to get caught up in what you look like or how much money you have, and those aren't values I want my kids to adopt.

I'd like another child, and maybe if it doesn't work out, I'll adopt.

Anyone who wants to be part of the political process should adopt values that are compatible with democracy.

In fact, I've had many lawyers who I felt provided excellent advice and service during important decisions or difficult times. That being said, I always wondered why the law firms that serve the most innovative technology companies in the world rarely adopt innovative software or try to improve their business operations.