4 ms·

> I'm always puzzled why conservatives are so sure that taxation suppresses growth. https://en.wikipedia.org/wiki/Laffer_curve https://en.wikipedia.org/wiki/La

• digitaltrees 10y ago
  Do you think this is valid analysis? Or are you citing the reason for the belief? I agree, this is the primary argument used to justify lowering taxes.
• r00fus 10y ago
  Hasn't that been disproven? Even George Bush called it "voodoo economics".
  • obstinate 10y ago
    The Laffer Curve is very much real. The question is what the real shape of the curve is. Do we have optimal government revenues at 10% average taxation, or 90%? The answer probably lies between these numbers. There's also the question, after deciding this, of how much revenue the government needs to accomplish each marginal goal, and how much utility that revenue has compared to leaving the revenue in the hands of taxpayers.