If you want to see Republican supply-siders squirm, ask them this simple question about the Laffer curve: at what marginal tax rate does the “backward bend” (higher tax rates produce less revenue) begin?
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IS LAFFER THE BEST MEDICINE?
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If you want to see Republican supply-siders squirm, ask them this simple question about the Laffer curve: at what marginal tax rate does the “backward bend” (higher tax rates produce less revenue) begin?