#laffer-curve — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #laffer-curve, aggregated by home.social.
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Tired: the Laffer curve.
Wired: the Gipper curve.
#LafferCurve #RonaldReagan #Economics
https://infosec.exchange/@Lightfighter/116346618982029309 -
retroshare://chat_room?name=%23%D0%98%D0%9B%D0%98%D0%A2%D0%90&id=L13129B3B4419DA72
Вот перевод моего ответа на английский:
This is an **economics-themed meme**, which *claims* that Norway’s wealth-tax increase caused a net loss in government revenue.
**What exactly is shown?**
**The text:**
It states that:
Norway raised its wealth tax;
it expected to collect +$146M;
but allegedly lost $448M because $54B in wealth left the country;
resulting in a total reduction of $594M in tax revenue.
**The chart:**
It’s the *Laffer Curve* — a popular but debated economic concept suggesting that if tax rates are too high, government revenue eventually falls due to capital flight, tax avoidance, lower activity, etc.
**Important to understand:**
This is **not an official report** and **not a scientific chart**, but a social-media-style visualization making a claim.
Many such images are **politicized memes**: they use selective data or interpret it in a convenient way.
The Laffer Curve is a **theoretical model**, not a universal law.
If you want, I can:
— fact-check the specific numbers;
— explain the context of Norway’s wealth tax;
— show where the argument in this picture is manipulative.#Norway #WealthTax #LafferCurve #Economics #TaxPolicy #CapitalFlight #BudgetLoss #FactCheck #EconomicModels #FiscalPolitics
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Justifications people meke for wealth inequality.
1. The Laffer curve.
- treated like it's a principal rarther than a illustration of an oversimplified idea. To quote the Wikipedia article "Graphical representations of the curve sometimes appear to put the rate at around 50%, if the tax base reacts to the tax rate linearly, but the revenue-maximizing rate could theoretically be any percentage greater than 0% and less than 100%."
- Wikipedia https://en.wikipedia.org/wiki/Laffer_curve?wprov=sfla1
- Watch Economist Gary Stevenson laugh at the absurdity of the laffer curve here. https://www.youtube.com/watch?v=Up5tpxshHfQ&t=1149
#LafferCurve #WealthInequality #TaxTheRich #GaryStevenson -
Everyone who mentions the Laffer curve on Twitter seems to be unaware that the curve has a leg-hand side as well as a right-hand side, and that the sharp of the curve is unknown.
#LafferCurve #ukpol -
My friend is right about Hillary Clinton but his solution is wrong (VIDEO)
One should always vote for the lesser of two evils. Less evil is better than more evil unless more evil is the catalyst needed for change.
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Full Scott Walker Presidential Announcement Speech Compressed (VIDEO)
Full Scott Walker Presidential announcement speech. All the long cheer and claps removed to compress it down substantially. Unfortunately the speech was more delusional than reality based.
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Boehner: Obama Wants To Annihilate The Republican Party (VIDEO)
On Tuesday Republican Speaker of the House John Boehner said President Obama’s Administration wants to annihilate the Republican Party. Specifically the speaker said: We are expecting over the next twenty two months to be the focus of this administration as they attempt to annihilate the Republican Party. And let me just tell you, I do believe that is their goal; to just shove us into the […]
#ClassWarfare #Conservative #gop #JohnBoehner #lafferCurve #Obama #RepublicanParty