Henderson, David - In: Cato Journal 1 (1981) 1, pp. 45-52
Professor Laffer’s paper’ leads me to ask four questions, which I shall address in turn: 1, Is the Laffer curve an accurate depiction of economic reality? 2. Are we in a prohibitive region of the Laffer curve, that is, a region in which a tax rate cut would increase tax revenues?...