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JakobVirgil · 4511 days ago · link · · parent · post: Six Policies Economists Love (And Politicians Hate)
in mine as well.
but if one takes the folk theory as There is a point were lowering taxes or for the rich specifically leads to an increase in revenues. One can find regions where that is true. My mathematical model which like all models should not be confused with fact suggests that the point when this Laffer balderdash becomes true is when growth is well above 10%. So maybe the chinese could benefit?