Birdwatch Note Rating
2024-10-21 16:24:16 UTC - HELPFUL
Rated by Participant: 720882580A9C4197965C567A30728FDB9052453B04B9E4CD86D105B6FB624984
Participant Details
Original Note:
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
All Note Details