Birdwatch Note Rating
2024-10-20 18:37:30 UTC - NOT_HELPFUL
Rated by Participant: CCE007086B70E92FAA7C78E3FB1FBBA46DA571FC874A0E65233A1111C28B53D7
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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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