Laffer curve -- discuss

[byrontx]

doobs, the instate highway system was built and maintained with taxes. The way it facilitates the flow of commerce is certainly in excess of its cost. Government is not some evil thing that is out there to take your money. Government is when we act together for the collective good. If the US were 300 million people all scrapping it out for only our individual needs, only banding together for a common defense, the reality is we would not have much to show for ourselves. It is when we act together that we score our greatest achievements. There a balance between gov revenue and taxes. Clinton did a great job of finding that balance and I expect Obama will, too.

[only1wwff]

Taxes are and always will be used for social control...when we want people to buy houses we give them big tax breaks for the interest...

The Laffer Curve seemed like a moving target when I first learned about it because it's a tipping point at which people decide they can't afford things...retail or big ticket...and trying to gauge mood is like herding cats.

[BradLohaus]

Theory is nice. What I wonder is how do you expect to tax this 1% of super wealthy, when they basically have been avoiding paying taxes altogether by sending the money to tax shelters overseas, and also have the ability to influence the representatives that have to enact such tax law?

That's why I keep saying that it will never happen.

We don't pay taxes. Only the little people pay taxes.