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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (359782)11/22/2007 7:46:25 AM
From: Taro  Read Replies (1) | Respond to of 1575431
 
CJ, I spent a little time on the Laffer Curve and recent works around that. It seems quite clear that both sides of the curves are well understood and seem to operate pretty much according to theory.
At the same time, however, in between that, around the peak - or rather several local maxima - game or chaos theories seem to rule in this range. At least when applied on progressive taxation model as is the case in the US.

So we better operate where we understand what's happening, right? The choices thus are to the left or to the right of the chaotic range around the max.
Which as you said possibly seems to be as high or even higher than the 55-70% total GNP intake practised by Ole Europe nations like France and Germany besides Scandinavia.

Thanks for taking me to school ;)

Taro