The Laffer Curve: Helping the Left And Right Understand This Basic Economic Theory

It’s not a good trade to reduce the private sector by any amount simply to generate more money for politicians.

As illustrated by this video tutorial, I’m a big advocate of the Laffer Curve.

I very much want to help policymakers understand (especially at the Joint Committee on Taxation) that there’s not a linear relationship between tax rates and tax revenue. In other words, you don’t double tax revenue by doubling tax rates….

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