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

To: Alighieri who wrote (529885)	11/17/2009 3:42:06 PM
From: HPilot	Respond to of 1574263

So what's the right "range"? and how do you know? Google Laffer.

To: Alighieri who wrote (529885)	11/17/2009 3:43:28 PM
From: bentway	Read Replies (2) \| Respond to of 1574263

"So what's the right "range"? and how do you know? " What the Laffer clowns ALWAYS cite is Kennedy's tax cut, that actually DID increase revenues. He cut the top marginal rate from 91% to 70%! Rates today are historically LOW: truthandpolitics.org According to Laffer, any rate ABOVE 50% cut to below that is supposed to increase revenues: The infamous "Laffer Curve" - simplistic, isn't it? BELOW 50%, cutting rates DECREASES revenues! So, revenue-wise, the OPTIMUM rate is 50%!