Birdwatch Note Rating
2024-10-21 13:07:36 UTC - HELPFUL
Rated by Participant: 93B7F901B8FDB8F80D75D48B80E8CD6411D2F28CCF7CB7B6E2478083E60C9620
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