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Posts From Ron Surz

Baby Boomers, The Laffer Curve, And The Presidential Election

    Baby Boomers, The Laffer Curve, And The Presidential Election

Laffer postulated that tax receipts might be increased by reductions in the tax rate because such reductions would bring people out of the underground economy and also reduce the usage of tax shelters. This advice was implemented in President Ronald Reagan’s “Reaganomics,” and it worked to increase tax revenues.

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