the spirit of this is good, but anyone with a brain can see through commercials like lending tree in a flash. in fact its a pet-hate hobby of mine.
the less-informed general public need to see videos like this one. they are right - there are too many people sucked into a blind commercialist lifestyle.
The Laffer curve says that at high marginal income tax rates a reduction in rates will result in an increase in revenue. The Laffer curve is real, but it's peak is somewhere above 70%. Not anywhere under 50%. If we cut taxes from 1% to 0% we will not get infinite revenue.
the spirit of this is good, but anyone with a brain can see through commercials like lending tree in a flash. in fact its a pet-hate hobby of mine.
the less-informed general public need to see videos like this one. they are right - there are too many people sucked into a blind commercialist lifestyle.
3/5 because this is definatly 'worth watching'.
rwp80 4 years ago
is it "definatly" worth watching? D-e-f-i-n-a-t-l-y???
mcd8528 4 years ago
You definately got me on that one!
rwp80 3 years ago
haha just messin with ya man. good comment
mcd8528 3 years ago
The Laffer curve says that at high marginal income tax rates a reduction in rates will result in an increase in revenue. The Laffer curve is real, but it's peak is somewhere above 70%. Not anywhere under 50%. If we cut taxes from 1% to 0% we will not get infinite revenue.
johnforde 4 years ago
Oh, makes sense, thank you John Forde (or nameless minion in his service).
therecordkeeper 4 years ago
That Laffer Curve comment really drew me in... PLEASE ELABORATE JOHN FORDE!!!
therecordkeeper 4 years ago
... Or one of John Forde's army of interns...
therecordkeeper 4 years ago