: About Me

Yes, is the short answer but that too comes with a longer explanation. On a purely macro-economic level it does seem that lower taxes do play a major part in the overall health of a countries long term growth. The Laffer curve does illustrate the general theory of how such a model works, but while such a device may be used on a state by state basis, using it to model countries leads to some major problems the least of which being the failing of the whole premise that when taxes are too high companies move. Companies do have the capacity to move from state to state, but capital expenditure ...