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Re: Election 2010: Teabaggin' the Ds & Rs
Quote:
Originally Posted by Mmmm, Burger (C.J.)
I think Para 1 premise is more broadly agreed than just Laffer. It's para 2 that has not been borne out in practice at current tax rate levels.
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Yeah, not borne out in practice. But if the pie can only shrink--as Sebby suggests--then Laffer's theory is bunk and the Repubs asserting that tax receipts grow when taxes are cut need to get with Sebby's program.
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never incredibly annoying
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