Birdwatch Note Rating
2024-10-21 13:36:42 UTC - HELPFUL
Rated by Participant: F2A104AB7C25CAAD8BBF74B787DEBECDDA511E8924E5EC3A099B20898A26C7F8
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