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Old 09-27-10, 08:44 AM   #3
Torvald Von Mansee
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Join Date: Apr 2006
Location: CA4528
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Quote:
Originally Posted by mookiemookie View Post
Any way you slice it, there's very little correlation between lowering tax rates and spurring economic growth. However you want to measure it - GDP, employment rate, personal income growth - none of them show a clear correlation. But yet this old canard is trotted out time and time again.

The Laffer Curve is bunk and always has been.
You must feel very lonely living in Houston.
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