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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (529990)11/17/2009 5:43:14 PM
From: i-node1 Recommendation  Read Replies (1) of 1577787
 
>> You guys ALWAYS say lower taxes are better, without fail. ALWAYS.

Because tax rates have always, since the term "Laffer Curve" became a household term, been above the optimal point. Always. Even after the Reagan tax cuts, because of the elimination of deductions (which obviously affects the optimal tax rate), rates were still above the optimal rate.

All of a sudden you are claiming it is common sense, but you've been wrong in every aspect of the concept you have mentioned. Every time you post you show you are more ignorant on the subject.
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