Celebrating humanity's flourishing through the spread of capitalism and the rule of law
28 Jan 2016 Leave a comment
in Public Choice, public economics Tags: laffer curve, rational irrationality, taxation and labour supply
Everybody agrees there is a Laffer Curve when it suits them.
The Left talks about poverty traps arising from means testing of social insurance and welfare benefits but denies flatly that high marginal tax rates will affect the labour supply of the rich and willing to do.
You cannot have it both ways.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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