[Hobie]

SK: Thanks for pointing out that revenues contain more variables than simply a tax rate(s). If spending were fixed and we don’t complicate the issue by factoring in inflation, population growth, business cycle, environmental costs, etc. the premise holds.

If someone or company keeps more of the money they make ie. smaller tax liability, they will spend it– creating a taxable event!

It is really human nature and Laffer did a great job illustrating it. If the politicians can keep their hands off the checkbook under a lower tax rate, revenues will increase.

[Hobie]

SK: Thanks for pointing out that revenues contain more variables than simply a tax rate(s). If spending were fixed and we don’t complicate the issue by factoring in inflation, population growth, business cycle, environmental costs, etc. the premise holds.

If someone or company keeps more of the money they make ie. smaller tax liability, they will spend it– creating a taxable event!

It is really human nature and Laffer did a great job illustrating it. If the politicians can keep their hands off the checkbook under a lower tax rate, revenues will increase.

[Hobie]

It’s not simply the price point. Take a look at Walmart…

[Hobie]

It’s not simply the price point. Take a look at Walmart…

[Hobie]

It’s not simply the price point. Take a look at Walmart…

[Hobie]

It’s not simply the price point. Take a look at Walmart…

[Hobie]

It’s not simply the price point. Take a look at Walmart…

[Hobie]

[quote=pri_dk]
Wow! So we can maximize revenue by reducing the rate to zero!?!?
[/quote]

Suppose you are looking at the Sunday ads. Your favorite store is offering a 40% off coupon. Are you going to take the discount? You bet.

Now ask yourself: Why is the shop offering the deal? Simple: to gain more traffic. Higher volume=higher profit.

He is not going to give away his product, but at a discount, he will gain volume thus more profit.

It is really a no brainer. Same concept with taxes. C=mon Pri_dk

The problem with libs is that very few actually have to produce something somebody will pay for to earn a paycheck. Once you do, you will see the light;)

[Hobie]

[quote=pri_dk]
Wow! So we can maximize revenue by reducing the rate to zero!?!?
[/quote]

Suppose you are looking at the Sunday ads. Your favorite store is offering a 40% off coupon. Are you going to take the discount? You bet.

Now ask yourself: Why is the shop offering the deal? Simple: to gain more traffic. Higher volume=higher profit.

He is not going to give away his product, but at a discount, he will gain volume thus more profit.

It is really a no brainer. Same concept with taxes. C=mon Pri_dk

The problem with libs is that very few actually have to produce something somebody will pay for to earn a paycheck. Once you do, you will see the light;)

[Hobie]

[quote=pri_dk]
Wow! So we can maximize revenue by reducing the rate to zero!?!?
[/quote]

Suppose you are looking at the Sunday ads. Your favorite store is offering a 40% off coupon. Are you going to take the discount? You bet.

Now ask yourself: Why is the shop offering the deal? Simple: to gain more traffic. Higher volume=higher profit.

He is not going to give away his product, but at a discount, he will gain volume thus more profit.

It is really a no brainer. Same concept with taxes. C=mon Pri_dk

The problem with libs is that very few actually have to produce something somebody will pay for to earn a paycheck. Once you do, you will see the light;)

[Hobie]

[quote=pri_dk]
Wow! So we can maximize revenue by reducing the rate to zero!?!?
[/quote]

Suppose you are looking at the Sunday ads. Your favorite store is offering a 40% off coupon. Are you going to take the discount? You bet.

Now ask yourself: Why is the shop offering the deal? Simple: to gain more traffic. Higher volume=higher profit.

He is not going to give away his product, but at a discount, he will gain volume thus more profit.

It is really a no brainer. Same concept with taxes. C=mon Pri_dk

The problem with libs is that very few actually have to produce something somebody will pay for to earn a paycheck. Once you do, you will see the light;)

[Hobie]

[quote=pri_dk]
Wow! So we can maximize revenue by reducing the rate to zero!?!?
[/quote]

Suppose you are looking at the Sunday ads. Your favorite store is offering a 40% off coupon. Are you going to take the discount? You bet.

Now ask yourself: Why is the shop offering the deal? Simple: to gain more traffic. Higher volume=higher profit.

He is not going to give away his product, but at a discount, he will gain volume thus more profit.

It is really a no brainer. Same concept with taxes. C=mon Pri_dk

The problem with libs is that very few actually have to produce something somebody will pay for to earn a paycheck. Once you do, you will see the light;)

[Hobie]

Wooah. No kids yet. All bets are off. Keep the job. You will need it.

You cannot predict what your wife will say once you have kids. Trust me on this, they change. Living a nomadic life with young kids is not for everyone. Keep the job while your skills are peaked. Can you say nesting?

[Hobie]

Wooah. No kids yet. All bets are off. Keep the job. You will need it.

You cannot predict what your wife will say once you have kids. Trust me on this, they change. Living a nomadic life with young kids is not for everyone. Keep the job while your skills are peaked. Can you say nesting?

[Hobie]

Wooah. No kids yet. All bets are off. Keep the job. You will need it.

You cannot predict what your wife will say once you have kids. Trust me on this, they change. Living a nomadic life with young kids is not for everyone. Keep the job while your skills are peaked. Can you say nesting?

[Author]

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