Re: Dickens on the Laffer Curve

2005-04-23 Thread AdmrlLocke
In a message dated 4/23/05 4:42:26 PM, [EMAIL PROTECTED] writes: Peter C. McCluskey wrote: Mancur Olson claims in his book Power and Prosperity that the marginal income tax rate was effectively zero. The effective taxes were near 100% of what a typical worker in any given position could

Re: Dickens on the Laffer Curve

2005-04-22 Thread Bryan Caplan
Yes. It suffers a bit from the historians' If you don't have a document, it didn't happen bias, but it's good. Anton Sherwood wrote: 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. --

Re: Dickens on the Laffer Curve

2005-04-22 Thread Peter C. McCluskey
[EMAIL PROTECTED] ([EMAIL PROTECTED]) writes: Taking the example of Stalin's war on the peasantry in general and the Ukraine in particular, we see that massive confiscations of income at marginal rates well in excess of 100% certainly detered economic activity, to put it rather mildly. Mancur

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: 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

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