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prageru's profile
PragerU
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    PragerU‏Verified account @prageru Apr 10

    Can lowering tax rates produce greater tax revenue? It can—and that tipping point is illustrated with the Laffer Curve. The more you know!pic.twitter.com/rbhPioaJ2G

    Lower Taxes, Higher Revenue
    5:17 AM - 10 Apr 2020
    • 139 Retweets
    • 324 Likes
    • Coach Bill Payne Jim Coffman JP Dietz Robyn Johnson Baba Yaga Lee DuBois Leslie Owens ⭐️⭐️⭐️ Joshua Galka rosiepetite
    14 replies 139 retweets 324 likes
      1. Austin Ball‏ @austinclareball Apr 10
        Replying to @prageru

        It can raise more revenues but we raise the budget more so it really doesn’t help us any when we’re going farther into debt.

        0 replies 0 retweets 2 likes
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      1. New conversation
      2. CashinChex‏ @SnappinNex Apr 10
        Replying to @prageru

        💥 I would argue that it's a fluid point, optimal tax rate in relation to being just under or competitive in comparison with other countries.

        1 reply 0 retweets 1 like
      3. CashinChex‏ @SnappinNex Apr 10
        Replying to @SnappinNex @prageru

        In addition, significantly lower tax rates bring businesses from other countries. I.e. Texas. Apply this to US. 💥

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. JJNam‏ @NamJonJay Apr 10
        Replying to @prageru

        You need to constantly move the curve with the increase in income. I would assume 40% now, but really depends at what income level that 40% hits and how it grows to there. Needs to be worth it to reach higher income levels.

        0 replies 0 retweets 0 likes
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      1. Mouthpiece Major‏ @MouthpieceMajor Apr 10
        Replying to @prageru

        Why pay taxes when you have the Fed is printing money. America spends far more then they bring in with taxes, par that with ever increasing money supply, meaning my tax dollars are worth less by the time they get it. Theories work when base on sound physics. House of cards

        0 replies 0 retweets 0 likes
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      1. The Happy Catholic‏ @happy_catholic Apr 10
        Replying to @prageru

        Excellent analysis. The bigger dilemma is changing the mindset with many government officials to stop wasting tax dollars. Government waste is horrendous!

        0 replies 0 retweets 0 likes
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      1. Darin Schmidt‏ @DschmidtSais Apr 11
        Replying to @prageru @piccolopegilou

        The Laugher Curve

        0 replies 0 retweets 0 likes
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      2. Gina‏ @mariemorgan201 Apr 10
        Replying to @prageru

        pic.twitter.com/oUVwFBcgRV

        1 reply 0 retweets 4 likes
      3. 1 more reply
      1. Lawrence Taylor Cappanetti‏ @cappanetti Apr 10
        Replying to @prageru

        the laughter curve? cuz it doesn't work, and was written on a napkin

        0 replies 0 retweets 3 likes
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