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To: Torie
No one is denying that the curve is not a perfect "upside-down" parabola but how could you not believe that the maximum revenue a governemnt takes in is not somewhere between 0% and 100%?
101 posted on 05/04/2002 5:59:03 PM PDT by Texas_Longhorn
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To: Texas_Longhorn
Simple: He was wrong about fixed rates. He was correct about the Laffer curve.
103 posted on 05/04/2002 6:00:09 PM PDT by Texas_Longhorn
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To: Texas_Longhorn
Yes, it clearly is. I could have told you that probably by the time I matriculated into the 6th grade.
104 posted on 05/04/2002 6:00:19 PM PDT by Torie
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