Birdwatch Note Rating
2024-10-22 05:42:35 UTC - HELPFUL
Rated by Participant: 807950B3ADFB2BA3A44A93E03B8CA26B50EBD01693DBD5AA99C5E8795D1FF618
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