The Laffer Curve: Not as Funny as It Sounds, but Still Interesting

One of the things I like to talk about, weirdo that I am, is economics. So, thanks to the Corner, I was delighted to find this video explanation of the Laffer Curve. This famous (to economists, anyway) graph explains why cutting taxes is good, and why, when you cut taxes, tax revenues sometimes go up. Take a few minutes to watch, and you’ll come away with plenty of ammo for your next argument with the economically ignorant.

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