The Laffer Curve Is No Longer a Punch Line

The Laffer Curve Is No Longer a Punch Line

For years it was a punch line. Now the Laffer Curve — which purports to show that tax cuts can increase revenue — is making a kind of comeback. This time around, it is providing more of an intellectual than a policy framework, but that is a useful role as some states and city governments appear eage...

Redirecting to full article...