The title of this piece has an asterisk because, unfortunately, we’re not talking about progress on the Laffer Curve in the United States.
Instead, we’re discussing today how lawmakers in other nations are beginning to recognize that it’s absurdly inaccurate to predict the revenue impact of changes in tax rates without also trying to measure what happens to taxable income (if you want a short tutorial on the Laffer Curve, click here).
But I’m a firm believer that policies in other nations (for better or worse) are a very persuasive form of real-world evidence. Simply stated, if you’re trying to convince a politician that a certain policy is worth pursuing, you’ll have a much greater chance of success if you can point to tangible examples of how it has been successful.
That’s why I cite Hong Kong and Singapore as examples of why free markets and small government are…
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Utopia, you are standing in it! 
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