[4Liberty]

[SeekAndFind]

So where is California at in that curve?

[fuzzylogic]

...and I’ll argue the state shouldn’t even be trying to “maximize” tax receipts. It should be doing the minimum necessary. The Laffer Curve makes a good point that lowering or raising tax rates my not have the desired effect but the government always assumes that maximizing should always be the goal.

[upchuck]

Interesting chart. I’d say Cali, Chi-town, Detroit, et al are well into the ‘Region of Declining Revenue’ section.