It’s never enough for the socialists and statists. George Bush – The Biggest Taxer in World History: “The Treasury Department reported Friday that federal revenues reached $2.12 trillion ($2,120,000,000,0000) for the first ten months of fiscal year 2007. In both…
Tag Archive for Laffer Curve
The Laffer Curve in Iceland
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Iceland’s Laffer Curve – WSJ.com: “The rags-to-riches story of how Iceland’s 300,000 citizens became some of the world’s wealthiest people is a testament to capitalism’s animal spirits. Only after it opened up the economy, privatized state companies and slashed marginal…
Tastes Great, More Filling – The Laffer Curve In Action
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Remember that old “crackpot” Arthur Laffer? Turns out, he was right again! When tax rates go down (unless they are already rediculously low, but take note, that hasn’t been the case in MANY years) tax revenues go up. More on…
Tax Cuts, Tax Revenues, and the Laffer Curve …
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Some time ago Arthur Laffer proposed his famous Laffer Curve. In short, he noted that there was a relationship between tax rates and the total revenue generated. Okay, so far no rocket science. But here’s the twist that may not…