3 ms·
"A little. The thesis behind 'trickle down' sorta makes sense if you think about it." Only if you only think about it. This is the danger of theoretical predic
by mcguire 5y ago
"A little. The thesis behind 'trickle down' sorta makes sense if you think about it."
Only if you only think about it. This is the danger of theoretical predictions without empirical backup: the path of the Laffer curve is dependent on more than just the tax rate, and is likely also historically dependent.