> Already we're probably past the peak of the laffer curve.
The Laffer curve is a wildly simplistic concept that's widely disputed, and every practical test of it (example: https://en.wikipedia.org/wiki/Kansas_experiment) has demonstrated that it fails. It's the right's equivalent of "let's try Communism again!"
We really haven't. The effective tax rate on the wealthiest Americans has dropped from nearly 60% to about 20% since the 1960s. https://www.washingtonpost.com/business/2019/10/08/first-tim...
> Already we're probably past the peak of the laffer curve.
The Laffer curve is a wildly simplistic concept that's widely disputed, and every practical test of it (example: https://en.wikipedia.org/wiki/Kansas_experiment) has demonstrated that it fails. It's the right's equivalent of "let's try Communism again!"