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To: robowombat

California is proof of the “Reverse Laffer Curve.” More and more gubmint spending and taxes create fewer jobs and less tax revenue.


10 posted on 04/06/2012 1:30:26 PM PDT by forgotten man (forgotten man)
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To: forgotten man

Strictly speaking, it’s not a “Reverse Laffer Curve” — it’s just the downward-sloping side of the Laffer Curve. (Government revenues go up, until taxes get too high. Then they go down.)


17 posted on 04/06/2012 1:59:08 PM PDT by USFRIENDINVICTORIA
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