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Old 02-26-2008, 10:07 PM   #1
ChinoCoug
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Default Does Atlas Shrug?

http://www.hup.harvard.edu/catalog/SLEDOE.html

no.

Quote:
Among its findings are that the labor supply of the rich remained unchanged in the face of large tax cuts in 1986, and that in late 1992 executives exercised billions of dollars' worth of stock options in order to beat the tax increases expected in 1993
labor supply = how much people work
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Old 02-26-2008, 10:58 PM   #2
jay santos
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Originally Posted by ChinoCoug View Post
http://www.hup.harvard.edu/catalog/SLEDOE.html

no.



labor supply = how much people work
I believe you can stimulate the economy by reducing tax cuts on the rich and on corporations but the Laffer curve stuff that you can increase revenues by doing so is nonsense.
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