Comments on: Laughter curve http://www.badgerblues.org/2007/07/13/laughter-curve/ progressive politics from Madison, Wisconsin Wed, 07 Jan 2009 13:23:32 +0000 http://wordpress.org/?v=2.6.2 By: Ben http://www.badgerblues.org/2007/07/13/laughter-curve/#comment-94621 Ben Mon, 16 Jul 2007 03:18:39 +0000 http://www.badgerblues.org/2007/07/13/laughter-curve/#comment-94621 The point is the exceptionally dishonest way in which the regression was plotted. It doesn't even pretend match the data; and the author would have received an F in an undergraduate statistics class for the effort. And also, Norway's corporate tax rate is apparently <a href="http://delong.typepad.com/sdj/2007/07/caccianli-i-cie.html" rel="nofollow">52% instead of 28%</a>, in which case Norway is not even the outlier that can be used to draw a Laffer curve, but right in line with a linear regression through all the other data points. The point is the exceptionally dishonest way in which the regression was plotted. It doesn’t even pretend match the data; and the author would have received an F in an undergraduate statistics class for the effort.

And also, Norway’s corporate tax rate is apparently 52% instead of 28%, in which case Norway is not even the outlier that can be used to draw a Laffer curve, but right in line with a linear regression through all the other data points.

]]> By: Jason http://www.badgerblues.org/2007/07/13/laughter-curve/#comment-94584 Jason Sun, 15 Jul 2007 21:49:16 +0000 http://www.badgerblues.org/2007/07/13/laughter-curve/#comment-94584 Uh Tax Cuts do Increase Tax Revenue if they don't how do you Explain the Record amount a revenue coming in? The way that Tax cuts increase revenue is by putting more money in the market for investment thus increasing revenue for Business wich increases the amount Business pays in Taxes it works everytime it's tried Uh Tax Cuts do Increase Tax Revenue if they don’t how do you Explain the Record amount a revenue coming in?

The way that Tax cuts increase revenue is by putting more money in the market for investment thus increasing revenue for Business wich increases the amount Business pays in Taxes it works everytime it’s tried

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