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nazgulnarsil
on March 11, 2009
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You Can't Soak the Rich
Doesn't this call into question the premise of a Laffer curve?
http://en.wikipedia.org/wiki/Laffer_curve
And if increasing taxation lowers GDP doesn't it follow that lowering taxation should increase GDP?
gaius
on March 11, 2009
[–]
Reagan implemented that policy, but then got bogged down in bankrupting the USSR.
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And if increasing taxation lowers GDP doesn't it follow that lowering taxation should increase GDP?