SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RMF who wrote (788021)6/6/2014 2:21:01 AM
From: i-node1 Recommendation

Recommended By
FJB

  Read Replies (2) of 1575981
 
>> I can give you anecdotal evidence about the time I lost my job and I still had to pay for rent and utilities and I ran up a pretty sizeable deficit.

Yes, it does. We know that from the now-famous Laffer Curve, which in fact had predated Laffer by 100s of years. When you reduce taxes you get increased productivity, which causes revenue to increase.

And you can see it in action here:



Tax cuts in 03. Increasing income tax revenue every single year until the recession hit.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News