Birdwatch Note Rating
2024-10-21 11:04:59 UTC - HELPFUL
Rated by Participant: C093FC95FD75A77C6D7DDF282A573F0140BD44BADE92FE2B365038EB1E21F4A9
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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