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To: Drago

OMG how preposterous!!! Nobody thinks we are to the left side of the Laffer curve inflection point. LOL!!!!


16 posted on 09/27/2021 4:18:49 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va

If we are on the right side of the “peak”of the Laffer curve further tax cuts may increase revenue some, but the extra revenue has no chance of outpacing spending/unfunded liabilities/interest on the debt. Just like the increased revenue from the Trump tax cuts (~$500 billion over 4 years) did not outpace the increased spending during that time period (several trillion $$).

https://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762


19 posted on 09/27/2021 4:31:20 AM PDT by Drago
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