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.
Re:The plot against France
by prostoalex on Tuesday November 12, 2013 @05:41PM
(#6721884)
Not that theoretical
http://www.objectobot.com/wp-content/uploads/2012/12/ADavies...
I was suggesting that there are certain government programs that incur a cost to operate incur a greater cost to cease operating. They generate a net positive on the money spent. Cutting them for "austerity" is foolish.