Art Laffer explains the Laffer curve on Glenn Beck Show
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fuck you for talking so quiet, glenn beck
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Even though it failed to a substantial extent, their is a lot of truth in Reaganomics.
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I can barely hear the audio.
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Is Glenn Speck in a dark place somewhere now wanking his sausage?
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Give Peter his penny already you schmuck!
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Laffer is smart, he is using common sense.
The United States has to have competitive tax rates so that businesses want to stay in the United States.
Capitialism has a lot of benefits as long as you keep the rich assholes from cheating everyone and stealing all the money.
A lot of people should be in jail, including a lot of politicians.
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Oh, yes the added revenue would be at least $500 billion. This would hurt the economy but the benefit to our nation's fiscal bottom line would be better combined with reduced spending. Also the Bush tax cuts were in place during the 2008 recession. Why didn't the tax cuts prevent the recession?
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you owe peter schiff a penny laugher
juicejon1 5 months ago 5
@worldnewsbbc1 No, that just indicates that we are on the downward sloping side of the revenue spectrum, where raising rates would raise revenue. Converse to your point, revenues increased when JFK and Reagan lowered tax rates. If you look at the one example that you listed here and dismiss the entire theorum, then you've missed the fundamental point.
andrewrdavis9 4 months ago