You can’t discredit an idea that is self evidently true. You can argue about where we are on the curve.
And I don’t know how you can argue about that since EVERY time we lower tax rates revenues increase.
Well, Obama basically said he’s going to increase the tax on “the rich”, not because it will increase revenues but because “it’s the right thing to do.”
“You can not use reason to argue a man out of a position he didn’t use reason to get into.” - Somebody Famous.
I made my own personal Laffer Curve and added the Atlas Shrugged point. Everyone has one.
And, the Democrats and RINO's know it full well. Despite what they constantly spew, taxation from the gubmint's perspective isn't all about raising money. Taxation at this point is far more about controlling behavior. When you control behavior you have power. Power is what they are after, not money. They are admitting it every time they claim they want to raise taxes in order to raise gubmint revenue. Exactly the opposite happens. Now, if we could just get another Conservative to stand up and articulate that point as well as Reagan did......
I agree with you; the above statement is patently false.