▲ | refurb 3 days ago | |
The Laffer curve is the basis for what was called "trickle down economics". The Reagan administration argued the US was the right side of the curve, and that lowering taxes would result in economic growth ("a rising tide raises all boats"). Economic growth benefits every worker. | ||
▲ | rester324 3 days ago | parent [-] | |
OK. Thank you for the explanation. But then again, I think you are confusig things. So I am not convinced at all. But at least now I understand where you are coming from. |