Re: Laffer Curve (fwd)

2005-04-29 Thread Robert A. Book
[EMAIL PROTECTED] wrote: Congress imposed something like a 100% tax on luxury boats (as I recall, as part of the tax hike of 1990), and found that they collected zero revenue from the tax. So we do have empirical evidence that higher marginal tax rates can produce less revenue. It was only

Re: Laffer Curve

2005-04-29 Thread AdmrlLocke
In a message dated 4/29/05 2:05:25 PM, [EMAIL PROTECTED] writes: David ([EMAIL PROTECTED]) writes: It's funny, during the 1970s people commonly attributed the excellent rates of economic grown in Taiwan and Hong Kong to the "Confusion work ethic" while completely ignoring the poverty of the