Re:The Economic Consequences of Major Tax Cuts for the Rich ...
by mcguire on Monday July 26, 2021 @02:59PM
(#27963711)
"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.
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.