3 ms·
One must remember that the Laffer curve is a theoretical discussion that can help to explain economic phenomenons. It's not a law of nature. Laffer curve may p
by np422 13y ago
One must remember that the Laffer curve is a theoretical discussion that can help to explain economic phenomenons. It's not a law of nature.
Laffer curve may point us towards the general direction, but real world observation have showed that there is no simple, smooth curve that predicts tax income versus tax rate - human behaviour is far to much stochastic for that.
- prostoalex 13y agoNot that theoretical http://www.objectobot.com/wp-content/uploads/2012/12/ADavies-marginal-income-tax-rates-5-PDF.jpg http://www.objectobot.com/wp-content/uploads/2012/12/ADavies...