MoltenThought Logo
"An appeaser is one who feeds a crocodile, hoping it will eat him last."
Sir Winston Churchill

6.29.2006

The Laffer Curve Explained

Why do lower tax rates result in higher revenues, every time they've been tried in the last 50 years?

Economics---supply-side economics.

This wasn't discovered in the 80s, you know. The British discovered this principle to their regret in the runup to the Revolutionary War.

0 Comments:

Post a Comment

<< Home