Birdwatch Note Rating
2024-10-20 16:19:49 UTC - HELPFUL
Rated by Participant: 9C4D80AC88ABE472E9A57DFD71E706CB7A4BE2AB29DBDE7D381D315618EAE965
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