Birdwatch Note
2024-10-20 13:55:32 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
The Laffer Curve has been consistently debunked The original assumes everyone is equally selfish. Even then, the curve only goes down when tax is over 50% It argues that cutting tax below 50% only decreases revenue GDP growth was the highest ever seen during 70-94% rates https://vanderbei.princeton.edu/LafferCurve/LafferLaughable.html https://ctmirror.org/2018/01/18/why-the-laffer-curve-is-garbage
Written by 4CB8751B9241DEE9BBA536EB6BFBCC8C460F22E9C354B0C3287D9C5250D89D3F
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Original Tweet
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- ID - 1848000100867481660
- noteId - 1848000100867481660
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- noteAuthorParticipantId - 4CB8751B9241DEE9BBA536EB6BFBCC8C460F22E9C354B0C3287D9C5250D89D3F Participant Details
- createdAtMillis - 1729432532885
- tweetId - 1847885368659501367
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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- summary
- The Laffer Curve has been consistently debunked The original assumes everyone is equally selfish. Even then, the curve only goes down when tax is over 50% It argues that cutting tax below 50% only decreases revenue GDP growth was the highest ever seen during 70-94% rates https://vanderbei.princeton.edu/LafferCurve/LafferLaughable.html https://ctmirror.org/2018/01/18/why-the-laffer-curve-is-garbage
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