Tag: Laffer Curve
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Optimal Tax Rates? It’s About the Hump
This piece is by the conservative organization, Prager University (not to be confused with the forthcoming Kruse Kollege.) It does a nice job describing the Laffer Curve, an important concept to know if you want to have an informed debate about tax policy. Clearly the presenter is trying to persuade you about the location of…
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What’s Wrong With This Deficit Graph?
Lately, I've seen various graphs that purport to show the key components driving our budget deficit. Below is the latest one making the rounds: The issue that we need to pay particular attention to is the inclusion of Bush-era tax cuts. Taxation is directly related to economic growth. A 0% tax rate is not workable.…
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Living Simply in Abundance (17)
"For the love of money is a root of all kinds of evil, and in their eagerness to be rich some have wandered away from the faith and pierced themselves with many pains." 1 Timothy 6:10 (NRSV) This passage is frequently misquoted: "Money is a root of all kinds of evil." The statement is that…