Seldom in economics does real life conform so conveniently to theory as this capital gains example does to the Laffer Curve. Lower tax rates change people's economic behavior and stimulate economic growth, which can create more--not less--tax revenues.The Laffer Curve: Past, Present, and Future
Monday, December 14, 2009
Easy for us to understand, impossible for President Obama apparently...
Labels:
Arthur Laffer,
capital gains,
economics,
Obama,
President,
taxes,
The Laffer Curve
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