Laffer curve
-
President Trump’s new tax plan looks a lot like Governor Brownback’s tax plan for Kansas, which had been disastrous for the state’s economy. Rational Republicans should realize that if an experiment fails, and fails miserably, there is no point in repeating it. That is particularly true when the economy of the entire country is at stake. Both the… Read more
-
Trumps new tax plan looks a lot like Gov. Brownback’s tax plan for Kansas, which had been disastrous for the state’s economy. It is based on Laffer’s curve which is displayed at the right. The Laffer curve looks like a normal distribution curve. If the nation is on the high side of the curve with taxes… Read more
-
Art hur Laffer’s theories have often been used to support supply-side economics, the idea that cutting taxes would lead to economic growth which would in turn increase tax revenue. However, empirical data shows that Laffer’s theories are more about ideology than about practical economics. Read more
J.C. Moore Online 