What is the Laffer Curve?

Is the Laffer Curve the same as VOO DOO economics?

The Laffer Curve theory—which propelled Reagan's economic theory and tax cut—is based on the idea that cutting taxes will boost the economy, and increase government tax revenues.

I guess the theory would work if it kept ahead of the deficit curve.

Posted By george on September 28, 2007 at 13:20:16:

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