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Re: Can tax cuts increase tax revenue? 2 

By: ribit in POPE | Recommend this post (2)
Wed, 29 Feb 12 2:49 PM | 45 view(s)
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snapits
...the laffer curve is no more than a chart like the one's businesses use to determine how to maximize their profits by either raising or lowering the price. If ya sell shoes for a penny a pair you will sell a lot of em, but ya won't make much. If ya sell em for a million dollars a pair you won't sell any and ya will make even less. Somewhere there is a happy balance between price and profit. Taxes are the same way.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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