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Old 02-05-2008, 03:24 PM   #31
Tex
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I'm skeptical.
No doubt, but it kinda debunks the "no credible economists" line.
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Old 02-05-2008, 03:24 PM   #32
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Laffer curve principle is certainly true. If you're on the right hand side of the curve and increase taxes, you get less revenue or if you decrease taxes you get more revenue. That's a no-brainer.

What I'm saying is not true is that US tax rates now or in the Reagan era were ever such that we were on the right hand side of the curve.
There is nothing wrong with the principle. Makes great sense. But application is problematic, since it is only useful if you can definitively prove on which side of the curve we are on.
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Old 02-05-2008, 03:25 PM   #33
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There is nothing wrong with the principle. Makes great sense. But application is problematic, since it is only useful if you can definitively prove on which side of the curve we are on.
On this we can agree.
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Old 02-05-2008, 03:29 PM   #34
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No doubt, but it kinda debunks the "no credible economists" line.
OK, no credible non-partisan economist? I can guarantee nobody buys Guliani's corp tax 35% to 30% thing.

I'd like to hear what Pelagius says about it.

Even my conservative BYU economics prof's were against Laffer curve.
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Old 02-05-2008, 04:12 PM   #35
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Yes, after watching the Republicans slobber over each other to see who would destroy the economy the fastest by booting 10M illegals, I'm thinking I'll go with the Dem's on this issue.
First of all, no one's going to boot 10M illegals anyway. It's just not going to happen. It doesn't mean they should all be granted amnesty though either.

Regardless, I'd love to see evidence that booting them would "destroy the economy." And don't give me this crap that legal Americans don't want to do the jobs, so they wouldn't be filled.
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Old 02-05-2008, 04:19 PM   #36
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Regardless, I'd love to see evidence that booting them would "destroy the economy." And don't give me this crap that legal Americans don't want to do the jobs, so they wouldn't be filled.
LMAO
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Old 02-05-2008, 04:22 PM   #37
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LMAO
That's some compelling evidence there buddy. Nice work.
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