Dickens on the Laffer Curve

2005-04-21 Thread Bryan Caplan
I think Bill accidentally sent this to me privately instead of the list. Subject: Re: Laffer Curve From: William Dickens [EMAIL PROTECTED] Date: Wed, 20 Apr 2005 16:31:33 -0400 To: [EMAIL PROTECTED] I'll bite. I completely agree with Bill in the short-term. Higher taxes raise revenue. But I

Re: Dickens on the Laffer Curve

2005-04-21 Thread rex
And I have a sneaking suspicion that more equitable distributions of income lead to less social conflict and rent seeking and lead to higher growth. I wonder what the Laffer Curve would have to say about the tax rates and equitable distributions of income and lesser or greater social conflict and

Re: Laffer Curve

2005-04-21 Thread AdmrlLocke
In a message dated 4/21/05 1:37:25 PM, [EMAIL PROTECTED] writes:   By one measure, there is a big difference,  in per capita GDP taking into account purchasing power parity. From the OECD site, in 1999 the U.S. had a per capita GDP of $33,836. Germany, France, UK, Italy were all between

Re: Laffer Curve

2005-04-21 Thread AdmrlLocke
In a message dated 4/21/05 1:38:10 PM, [EMAIL PROTECTED] writes: And I have a sneaking suspicion that more equitable distributions of income lead to less social conflict and rent seeking and lead to higher growth. Unlike you I can point to some theoretical and empirical studies that back my

Re: Dickens on the Laffer Curve

2005-04-21 Thread AdmrlLocke
In a message dated 4/21/05 12:26:02 PM, [EMAIL PROTECTED] writes: And I have a sneaking suspicion that more equitable distributions of income lead to less social conflict and rent seeking and lead to higher growth. I wonder what the Laffer Curve would have to say about the "tax" rates and

Re: Dickens on the Laffer Curve

2005-04-21 Thread Stephen Miller
So it worked in the short run, and in the long run they were all dead! On Apr 21, 2005, at 5:10 PM, Bryan Caplan wrote: Yes, but ag collectivization in the USSR DID raise additional government revenue, at least in the short-run. The people starved, production fell, but Stalin got more grain to

Poverty and Happiness

2005-04-21 Thread Xianhang Zhang
All this talk of the Laffer Curve seems to have skirted around one fundamental issue which I think economics has still failed to address to this very day. Namely, that time and time again, studies have shown that once you reach a certain standard of living, happiness depends not so much on

Re: Dickens on the Laffer Curve

2005-04-21 Thread Anton Sherwood
Speaking of Communism, is The Black Book worth having? I saw several copies yesterday at a secondhand store in San Leandro, marked about $8 if memory serves. -- Anton Sherwood, http://www.ogre.nu/

Re: Dickens on the Laffer Curve

2005-04-21 Thread James Wells
That's the trouble with the empirical testing of Laffer effects. Your selected timeframe has an inverse relationship with the revenue maximizing rate of taxation. The tax policy that maximizes revenue over the next hour is to confiscate everything. The revenue maximizing tax policy over the

Re: Dickens on the Laffer Curve

2005-04-21 Thread Stephen Miller
It's not as funny when you explain it... On Apr 21, 2005, at 9:51 PM, James Wells wrote: That's the trouble with the empirical testing of Laffer effects. Your selected timeframe has an inverse relationship with the revenue maximizing rate of taxation. The tax policy that maximizes revenue over

Re: Dickens on the Laffer Curve

2005-04-21 Thread James Wells
If you ever wondered which end of the ideological spectrum was a humorless lot... Stephen Miller wrote: It's not as funny when you explain it... On Apr 21, 2005, at 9:51 PM, James Wells wrote: That's the trouble with the empirical testing of Laffer effects. Your selected timeframe has an inverse