25 years ago in reason."Hong Kong is an almost perfect example of the Laffer Curve Laffer Curve Invented by Arthur Laffer, this curve shows the relationship between tax rates and tax revenue collected by governments. The chart below shows the Laffer Curve:![]() The curve suggests that, as taxes increase from low levels, tax revenue collected by the government also increases. in action--low tax rates generate high rates of real economic growth, leading to increased revenues which can be used for social welfare while maintaining low tax rates." --Bruce Bartlett, "Supply-Side Success Stories" "Advertising salesman Bob Lorsch is advocating the sale of Shuttle advertising space. Lorsch proposes to sell small plaques for $1 million apiece to some 50 companies, each bearing a 'tasteful' message that would be beamed back to earth for 30 seconds during future Shuttle flights." --Robert Poole Jr. and Christine Dorffi, "Trends" "Frosty Anderson, the director of the [Audubon Society] Sanctuaries Department ... finds it 'ironic that the new administration has made a big issue of getting the government off our backs, but subsidized agriculture will probably be around for four more years at least, and it's ruining potentially productive land.'" --John Baden Baden, former state, GermanyBaden (bä`dən), former state, SW Germany. Karlsruhe was the capital. Stretching from the Main River in the northeast across the lower Neckar valley and along the right bank of the Rhine to Lake Constance (Bodensee), the former state of Baden bordered on France and the Rhenish Palatinate in and Richard Stroup, "Saving the Wilderness: A Radical Proposal"--July 1981 |
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