Quote:
Originally posted by Mmmm, Burger (C.J.)
Not enough of a difference. Tax rates have not recently been high enough to put us on the downward sloping side of Laffer's curve.
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You say recently. Have they ever been high enough?
In other words, I've never seen empirical support for the idea that tax cuts on the order of any one of the three Bush tax cuts could result in an increase in government revenues in real terms. But perhaps I haven't been keeping up on my supply-side reading.
