Taxes Have Consequences: An Interview with Arthur B. Laffer and Brian Domitrovic

Whenever you redistribute income, you never actually redistribute income. You destroy total income completely. Every revolution on planet Earth has been fought in order to change the distribution of income. Not one of those revolutions has ever succeeded in redistributing income, but all of them have succeeded in destroying the entire quality and quantity of total income.
If we want to revive the era of postwar prosperity, we should revive its monetary system.
We take our monetary system for granted, complacently trusting that the experts are doing their jobs well. Yet our current system strays very far from what the public would actually prefer.