To: Uncle Miltie
Tax Rates also matter. Let's review the Laffer Curve:
7 posted on
02/16/2009 4:26:30 PM PST by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
Here's the detail of the peak of that Laffer Curve graph:
In case you want policy prescriptions for maximum growth.
8 posted on
02/16/2009 4:27:45 PM PST by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
Recall also that high marginal tax rates harm income to the Treasury. Smart Libs know this, but Tax Cuts don't win votes from their stupid lib constituents. So they go along with Tax Increases, knowing perfectly well they will harm the revenue that they can spend.
9 posted on
02/16/2009 4:30:39 PM PST by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
Okay, that was derivative of the Laffer Curve, which has a vertical axis of Revenue to the Treasury.
15 posted on
02/16/2009 4:47:47 PM PST by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
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