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 (1480434)8/23/2024 3:17:20 PM
From: Qone01 Recommendation

Recommended By
Doren

  Read Replies (1) of 1580148
 
The Laffer curve simply states that tax revenue collected will be the same at 20% tax and a 80% tax. With a 50% rate being the highest.

Under the Eisenhower administration the top tax rate was 90%. The economic theory behind this was it allowed true capitalism to flourish and discouraged anti-competitive practices to corner markets.

But as we all know Eisenhower was a communist. <G>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext