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: Tenchusatsu who wrote (287565)5/11/2006 12:26:46 PM
From: TigerPaw  Read Replies (2) of 1571808
 
Like I said, the Laffer curve is a fiction .. a visual slight of hand to distract. Government revenue has more than three variables and therefore cannot be mapped to a parabola like Laffer would like to pretend.

Certainly the government can spend better than I do, they can get economy of scale. That doesn't mean they will. The government can also stimulate economic activity by keeping more people in a situation where they have disposable income instead of just hand-to-mouth income. Disposable income acts as a multiplier to economic activity (up to a point) and ultimately causes more revenue than does a tax cut which just helps concentrate the disposable income to a few.

If you believe the Laffer curve then a place like Finland should be an economic wreck. Instead their government makes an attempt to efficiently provide services that American have to provide individually (and with limited information). Their taxes are high but their expenses are low.
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