LiveWire Peer Support Network

Printable Version of Topic "Do you agree with the general idea behind the Laffer Curve?"

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---- Do you agree with the general idea behind the Laffer Curve? (http://golivewire.com/forums/peer-ynneoop-support-a.html)


-- Posted by Defenestrator at 6:16 pm on July 5, 2009

Anyone who says no has no idea what they are talking about.


-- Posted by Descartes at 6:17 pm on July 5, 2009

All I know is that it has to do with taxes. So I wont vote.


-- Posted by SparklingFlower at 6:19 pm on July 5, 2009

I took economics, I should remember this... is it where the rich  keep getting richer, and the poor keep getting poorer?


-- Posted by Sudo XE at 6:20 pm on July 5, 2009

that neither a 0% tax rate or a 100% tax rate would generate revenue?

sure


-- Posted by Defenestrator at 6:21 pm on July 5, 2009

Quote: from SparklingFlower at 6:19 pm on July 5, 2009


I took economics, I should remember this... is it where the rich keep getting richer, and the poor keep getting poorer?

No, it is where an increase in tax rate does not necessarily mean an increase in tax revenue


-- Posted by Defenestrator at 6:21 pm on July 5, 2009

All the dumb bitches voting no need to fess up and post their reasoning.


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