> Example: many believe the rich ought to be taxed more; but the problem is the Laffer curve: when they're taxed too much, they work less or leave France. So tax receipts go down (not up).
Has this literally ever happened, like anywhere? Yeah, the Laffer curve is a very real concern and a by-product of Rolle's theorem, but we don't even know where the supposed inflection point is, much less whether any given tax reform that would cause wealthy people to pay more would go over it.
> So the change harms the very people who are protesting for the change.
Human psychology is weird in that they might even be okay with this as long as the perceived fairness increases. But the only way to find out would be to do an experiment. That might also help us find the inflection point in the Laffer curve.
Has this literally ever happened, like anywhere? Yeah, the Laffer curve is a very real concern and a by-product of Rolle's theorem, but we don't even know where the supposed inflection point is, much less whether any given tax reform that would cause wealthy people to pay more would go over it.
> So the change harms the very people who are protesting for the change.
Human psychology is weird in that they might even be okay with this as long as the perceived fairness increases. But the only way to find out would be to do an experiment. That might also help us find the inflection point in the Laffer curve.