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Nye Bevan

(25,406 posts)

4. No, the Laffer Curve is perfectly reasonable.

Reply to louis-t (Reply #2)

Sat Jan 4, 2014, 12:23 AM

Jan 2014

It states that to get the highest revenue from taxes, the optimum tax rate is greater than 0% but less than 100%, because a tax rate of 100% removes any incentive to work. The only debate is about what the optimum tax rate is.

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Right-wing economist admits error! (This blizzard must have caused Hell to freeze over.) [View all] Jim Lane Jan 2014 OP

not so fast. Laffer's error will still be repeated and taken as gospel by Schema Thing Jan 2014 #1

Inventor of the Laffer Curve, a ridiculous assumption that louis-t Jan 2014 #2

No, the Laffer Curve is perfectly reasonable. Nye Bevan Jan 2014 #4

I've also heard people misrepresent the Laffer Curve as louis-t Jan 2014 #5

That's only true if we are already to the right of the curve's peak Nye Bevan Jan 2014 #10

This is actually interesting. Benton D Struckcheon Jan 2014 #3

Is Laffer so stupid that he doesn't realize we would have had deflation without the stimulus? reformist2 Jan 2014 #6

It's a conservative meme that liberals are "stuck in 1968"... JHB Jan 2014 #9

Admitting error when presented with clear contradictory facts is one thing... JHB Jan 2014 #7

This message was self-deleted by its author JHB Jan 2014 #8

KNR. DirkGently Jan 2014 #11