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by m463 2373 days ago
> A "low tax" environment inevitably has to skimp on those services somehow.

I think this is preception, not reality.

The US was formed with checks and balances amongst the branches of government yet there seems to be no checks and balances against government spending or taxation.

The fact that the Laffer curve[1] is a thing leads me to believe that government will continue to tax until the maximum taxation is achieved, or beyond.

1: https://en.wikipedia.org/wiki/Laffer_curve

2 comments

> The fact that the Laffer curve[1] is a thing leads me to believe that government will continue to tax until the maximum taxation is achieved, or beyond.

Isn't that circular reasoning? Afaik, the Laffer curve just is a concept that discribes where the maximum tax revenue is (i.e. neither at 0% nor at 100% tax)