Last week, we celebrated the Laffer Curve turning 50-years-old, when it was first written on a cloth napkin at a restaurant in DC over a lunch attended by UP co-founder Arthur Laffer, Don Rumsfeld, and Dick Cheney – then top aides to President Jerry Ford.

We urge readers to take a look at the fabulous full page story in the Wall Street Journal on Laffer’s continuing influence on economic policy.

This chart from Laffer Associates shows that every time the tax rate has come down, revenues have risen.

Here are some photos from our dinner: