Quote:
Originally posted by Mmmm, Burger (C.J.)
Cite? i can certainly imagine an overall correlation between tax rates and growth that show lower taxes correlated with higher growth, but has anyone empiricall demonstrated the laffer curve, and that we're on the downhill side of it?
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I don't have a cite handy, but I do recall reading that the Laffer curve was disproved by one of the Nobel laureates for economics in the last few years. If you care more than I do, you're welcome to research it.