[Torie]

I should add that the WSJ ranted for years that the Laffer Curve "proved" that reducing tax rates would increase revenues. Of course there was no proof at all. The thing was written on a napkin in a bar in Hyde Park.

[Tribune7]

I should add that the WSJ ranted for years that the Laffer Curve "proved" that reducing tax rates would increase revenues.

Tax rates have been cut after which revenue increased. Of course whether a cut causes an increase depends upon the what was the rate was and how much was the cut. But that's what Laffer was saying. He may have been flakey -- I'll take your word since I didn't know him -- but he was certainly right about this particular concept.