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by bmm6o 1481 days ago
> So it's literally only at a tax rate of 100% that the Laffer concept would make the tax take go to zero.

Yeah, that's the point of the curve. I don't think you've made a convincing argument against continuity.

And the quote seems to misunderstand the curve (I didn't read the article). The curve itself is reasonable, the main debate is where the current tax regime puts you - to the right or left of the peak. The other mistake is that many people using the curve to argue for lower taxes are not really honest debaters. They want lower taxes and use any argument available. They state that we're on the right even though ask evidence suggests the opposite.