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by double_nan 1437 days ago
It’s fascinating. Not only that is fact free, but it’s based on an assumption that the purpose of the government is to collect maximum tax value from the citizens. Is it thought?
1 comments

It's not based on this assumption at all. In fact, the Laffer curve is named after an economist who did his best to provide "intellectual heft" to politicians who wanted to reduce taxation as far as possible (and maybe a little further than that), later summarized by one of them as "shrink[ing] the government to the point where we can drown it in the bathtub".