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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (289843)8/23/2002 5:49:43 PM
From: DuckTapeSunroof  Read Replies (2) | Respond to of 769670
 
Re: "It's called the Laffer curve. You could look it up."

>>> I'm familiar with it. Apparently you are not:

So? The relationship only holds when the public is 'over-taxed' (which I, for one, believe we are now). But, if taxes went to zero, you wouldn't argue that the tax base would still increase... so, at some point, the relationship breaks down.



To: DMaA who wrote (289843)8/23/2002 5:58:38 PM
From: Steve Dietrich  Read Replies (1) | Respond to of 769670
 
Since Clinton raised tax rates and revenues went up, wouldn't that indicate we were too low on the Laffer curve?

Steve



To: DMaA who wrote (289843)8/23/2002 10:45:03 PM
From: gerard mangiardi  Read Replies (1) | Respond to of 769670
 
Right on. The laffer curve was a joke.



To: DMaA who wrote (289843)8/24/2002 5:24:40 PM
From: TigerPaw  Read Replies (1) | Respond to of 769670
 
It's called the Laffer curve
It should have been called the Laughter curve, only it's not a funny joke when you see the size of the bill.
TP


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