Comment
Comment by DanHulton
I’m having a hard time understanding why you’re going so hard for the Laffer curve for your defence here. Like, a quick look at the Wikipedia page says that something along the lines of 70% is probably optimal for revenue generation, and I GUARANTEE you these billionaires aren’t paying anywhere close to that. So why not let’s move them significantly closer? If anything, the Laffer curve would tell us we SHOULD be significantly raising taxes on billionaires.