Image Uploader Anonymous, May 25, 2009; 20:37 Tags economics gdp graph hauser's_law laffer_curve tax_revenue taxes united_states Source online.wsj.com/public/article_print/SB121124460502305693.html Locked No Comments May 26, 2009; 07:26 - Reply Shish: o_O May 26, 2009; 12:28 - Reply Anonymous1: *_* I think that the graph is supposed to show that the amount of tax collected as a % of GDP remains the same regardless of the tax rate. By which theory if we had 0% tax on everything the government would still collect the same amount of tax....@_@ Better still if we went to negative tax so that government added to our wages..... June 3, 2009; 14:05 - Reply artanis: unfortunately below 0% the gov won't collect anything, so this comparison would degenerate at those tax levels. March 19, 2011; 14:57 - Reply Anonymous2: Try it being a graph that demonstrates that as tax rate dropped for the highest earners, the total percentage of GDP paid as tax stays the same. In other words, the rich people have been steadily paying less and less money without the real tax rate ever dropping. Have fun, Middle Class. Link to Post BBCode Link Thumb File HTML Link Thumb File Plain Text Link Thumb File
Have fun, Middle Class.