Re: OT: Taxes

> > >> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 __________________________=

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>> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0| > >> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0| > >> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0| > >> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0| > >> Tax rate------------- > > >> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 ___ > >> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0| =A0 \\___ > >> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0| =A0 =A0 =A0 \\__ > >> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0| =A0 =A0 =A0 =A0 =A0\\__ > >> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0| =A0 =A0 =A0 =A0 =A0 =A0 \\=

>> Tax revenue ---------- =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0\\__ > >> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =

=A0 =A0 =A0 =A0\\__

>> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =

=A0 =A0 =A0 =A0 =A0 \\__

>> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =

=A0 =A0 =A0 =A0 =A0 =A0 =A0\\_________

> >> =A0 =A0 =A0 =3D=3D=3D=3D=3D=3D> time =3D=3D=3D=3D=3D> > > >> It's hard to get sociology majors to understand complicated dynamics > >> like this. > > > There's nothing complicated about the Laffer Curve > > >
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> > > but proponents of tax cuts who have cited the laffer Curve have found > > that their tax cuts have lost them revenue. It does seem to be a > > little more difficult to predict where the maximum of the Laffer curve > > is actually located, and Bush and Regan both got it wrong. > > > -- > > Bill Sloman, Nijmegen > > =A0 =A0The government has a perfect record: 100% wrong.

He who Laffs last...

-- Cheers, James Arthur