But with more moderate values, it's really anyone's guess as to whether it will hold or not.
I recently read a discussion about this in the NY Times in which economists tried to pinpoint the inflection point of the Laffer curve. Most put it between 30-60%, and iirc, the majority were on the 60% side of things. I can't find that discussion now, however.
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But with more moderate values, it's really anyone's guess as to whether it will hold or not.
I recently read a discussion about this in the NY Times in which economists tried to pinpoint the inflection point of the Laffer curve. Most put it between 30-60%, and iirc, the majority were on the 60% side of things. I can't find that discussion now, however.