Re: Tax Cuts Don't Boost Revenues

On Feb 22, 4:14=A0pm, Jeffrey Turner <jtur...@[EMAIL PROTECTED]
> wrote:
> Ernst Blofeld wrote:
>
> The Laughable curve isn't based on real economics.

You're saying John Keynes isn't a real economist? He described the
phenomena in _General Theory of Employment, Interest, and Money_.

> You've never explained how Lockheed/Martin, for example, would get by
> if they didn't pay taxes.

Who says the tax rate is zero? The Laffer curve at its most basic
simply argues that revenues go down when rates are jacked high
enough.

Do you think tax revenues would increase if the marginal tax rate went
from 95% to 100%? Why or why not?