The Laffer Curve is frequently cited by the same people who refuse to see the failure of conservative-style economic policy over the last 40 years, for some reason.
It’s clear all that “don’t tax the rich, they create jobs!” Is just trash. Noise. We have 40 years of data, it doesn’t work.
But still, someone ignores all that to tell me the Laffer Curve, every time. What’s also amazing is that they don’t really understand it themselves. Wild.
So we have 40 years of data that clearly shows that advocating for reasonable tax rates for the wealthy "doesn't work"? I world love to see the detailed analysis that proves that!
Even the most staunch conservative wants the rich to pay their "fair share" of taxes. The only legitimate debate is about what constitutes 'fair'. The flat tax advocates will at least give you a real number (10%, 15%, or even 20%). Progressives will never give you a number. Why?
It’s clear all that “don’t tax the rich, they create jobs!” Is just trash. Noise. We have 40 years of data, it doesn’t work.
But still, someone ignores all that to tell me the Laffer Curve, every time. What’s also amazing is that they don’t really understand it themselves. Wild.