HENDERSONVILLE, Tenn.--With
election day fast approaching in Sumner County, Representative Debra
Maggart (R--Hendersonville), the conservative candidate for Tennessee
House of Represenatives, was pleased to receive the endorsement of a
leading figure in the conservative movement.
Dr. Art Laffer, the father of supply-side economics and founder and chairman of Laffer Associates, threw his support behind Maggart in her race for the 45th House District.
"I support proven fighters for
pro-growth economic policies in Tennessee. While Washington continually
eschews its fiscal responsibilities for our nation, Tennessee has become
a model for how government should conduct itself, stated Laffer. "In
the last two years, we have witnessed the elimination of the death tax,
the repeal of the gift tax, and a commitment to forever ban a state
income tax. Coupled with Tennessee's right to work status, these moves
are helping make Tennessee one of the nation’s premier locations for new
jobs and have driven the unemployment rate below the national average."
He continued, "Tennesseans owe a
debt of gratitude to Debra Maggart for these victories. Under her
leadership as House Republican Caucus Chairman, the General Assembly has
advanced the cause of economic freedom to lengths unseen in the modern
era. Representative Maggart is a proven fighter for principle--our
principles. That is why I give her my full endorsement in the 45th House
District. With so much uncertainty coming from Washington, now is the
time to re-elect those leaders who have helped reform Tennessee for the
better. Debra Maggart is certainly one of those leaders."
Maggart said, "It is an honor to
have the support of such a luminary in economics for my campaign. In my
time as a legislator, we have cut taxes, kept our budget balanced, and
have seen our economy improve. This is the recipe for success that is at
the heart of Dr. Laffer's beliefs. Sumner County voters have
Dr. Laffer currently lives in Nashville, Tennessee where he is the founder and chairman of Laffer Associates, an institutional economic research and consulting firm, as well as Laffer Investments,
an institutional investment management firm utilizing diverse
investment strategies. The firms provide research and investment
management services to a diverse group of clients, which includes
institutions, pension funds, corporations, endowments, foundations,
individuals and others.
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