[KarlInOhio]

One argument I've always heard against the Laffer Curve by leftists is that people won't quit working just because the government is taking more money. They even go so far as to claim that people will work harder in order to get the same after tax income to maintain their lifestyle and use as evidence that the first year after a tax rate increase will often result in a total tax revenue increase. However, the Laffer Curve is more about longer term investment than tax returns next year. Did Laffer do any studies on this where the long term Laffer Curve would have a peak at a much lower rate than the short term curve? And the Rahn Curve for growth maximization referenced by the author will peak at an even lower tax rate than either a short or long term Laffer Curve. Also, I believe a tax curve maximizing personal freedom would have an even lower peak rate than that.

[conservatism_IS_compassion]

From the article:

I don’t want to maximize revenue for the government. Not from the top 1/10th of 1 percent. Not from the top 1 percent. I don’t want to maximize the amount of revenue coming from any taxpayers. If tax rates are near the revenue-maximizing point, it implies a huge loss of private output per additional dollar collected by government.

the Rahn Curve for growth maximization referenced by the author will peak at an even lower tax rate than either a short or long term Laffer Curve. Also, I believe a tax curve maximizing personal freedom would have an even lower peak rate than that.

I confess that I have never seen a discussion of the Rahn Curve, and would like a link to an exposition of it . . .

[Sequoyah101]

I WILL.

I DO and I DID.

25% is enough. I’ve hit my limit already.

“use as evidence that the first year after a tax rate increase will often result in a total tax revenue increase.”

What a stupid observation. Typical libtard logic.