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Politics : PRESIDENT GEORGE W. BUSH
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To: Peter Dierks who wrote (685509)6/13/2005 8:53:14 PM
From: Wayners  Read Replies (1) of 769670
 
The best way to explain the Laffer Curve is that If you set the tax rate at 0%, the revenues generated from that are 0. If you set the tax rate at 100%, the revenues generated from that are also 0. There is a optimal tax rate point which maximizes tax revenue. Finding that optimum rate can be theorized by mathematics, however the only real way to find it is by experimentation.
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