Birdwatch Note Rating
2024-10-21 15:07:47 UTC - HELPFUL
Rated by Participant: 90B1BE977BEC76F2B1B1AF5B0E762F734E6DDCF5B332D5B245050EE6F0578F6D
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
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