Quote:
Originally posted by Mmmm, Burger (C.J.)
It matters if your premise is that tax cuts do not cost as much dynamically as statically. That is, a $500B tax cut is really only $400B because of the Laffer effect. If the growth would occur independent of the cuts, then you're reducing the deficit solely by sitting still and there's no justification for tax cuts on that ground.
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That is my premise and I am very familiar with the Laffer effect, though perhaps not with those precise numbers.
