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To: Poser

If you think we are at the left of the Laffer inflection point then you are really out to lunch.


93 posted on 01/12/2015 1:13:45 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Um... The discussion was about a flat tax. We have no idea what the equilibrium point for that might be, especially for a national tax. It’s much harder to move to a new country or work off the grid than it is to move to another state. Since the rate would have to be between 17% and 20% to fund the current rate of spending, the results would be interesting. It’s been quite some time since I took micro or macroeconomics. Do you suppose the point would be called the coefficient of elasticity?


94 posted on 01/12/2015 1:34:46 PM PST by Poser (Cogito ergo Spam - I think, therefore I ham)
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