Comments on: The Laffer Curve and the Fiscal Cliff https://www.youngadultmoney.com/the-laffer-curve-and-the-fiscal-cliff/ Make More. Save More. Live Better. Tue, 13 Nov 2012 17:47:10 +0000 hourly 1 https://wordpress.org/?v=6.6.2 By: Ugifter https://www.youngadultmoney.com/the-laffer-curve-and-the-fiscal-cliff/#comment-1709 Tue, 13 Nov 2012 17:47:10 +0000 http://www.youngadultmoney.com/?p=2970#comment-1709 Delicious economics!  The only thing I will venture to add here is to ask the question – what if your tax rates are currently suboptimal, on the low side?

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By: DC @ Young Adult Money https://www.youngadultmoney.com/the-laffer-curve-and-the-fiscal-cliff/#comment-1702 Tue, 13 Nov 2012 12:57:43 +0000 http://www.youngadultmoney.com/?p=2970#comment-1702 In reply to seedebtrun.

@seedebtrun Haha you’ve got a point there – if they just expire Democrats don’t have to do anything to get their tax increases, and Republicans don’t have to vote for a tax increase!  I didn’t think of it that way.

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By: seedebtrun https://www.youngadultmoney.com/the-laffer-curve-and-the-fiscal-cliff/#comment-1700 Tue, 13 Nov 2012 05:20:54 +0000 http://www.youngadultmoney.com/?p=2970#comment-1700 it might not be a bad thing that we can finally get some additional income to address the government, without the ‘pubs having to actually vote for a tax increase.. it will take a balanced approach to turn this ship around…
 
-j-

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By: JustinatTheFrugalPath https://www.youngadultmoney.com/the-laffer-curve-and-the-fiscal-cliff/#comment-1699 Tue, 13 Nov 2012 03:56:58 +0000 http://www.youngadultmoney.com/?p=2970#comment-1699 The problem is our system is so corrupt that I fear the only way to fix it would be a revolution. The tax system favors some companies/individuals while others are left out in the cold.

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By: DC @ Young Adult Money https://www.youngadultmoney.com/the-laffer-curve-and-the-fiscal-cliff/#comment-1698 Tue, 13 Nov 2012 02:55:02 +0000 http://www.youngadultmoney.com/?p=2970#comment-1698 In reply to TheMoneySteward.

@TheMoneySteward Thanks for stopping by!  And no problem about sharing the Laffer Curve.  It looks like you have a website?  What’s the url?

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By: TheMoneySteward https://www.youngadultmoney.com/the-laffer-curve-and-the-fiscal-cliff/#comment-1697 Tue, 13 Nov 2012 02:13:38 +0000 http://www.youngadultmoney.com/?p=2970#comment-1697 Hey I’m new to your blog. Excited about diving in and reading your stuff.
 
Great post! I agree that our rates need to be in just the right place. That perfect spot is exactly the debate. I had not heard of the Laffer curve before today so thanks for the education!

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By: DC @ Young Adult Money https://www.youngadultmoney.com/the-laffer-curve-and-the-fiscal-cliff/#comment-1696 Mon, 12 Nov 2012 23:21:45 +0000 http://www.youngadultmoney.com/?p=2970#comment-1696 In reply to FrugalRules.

@FrugalRules Hey I tried that!  My candidates didn’t win, though (only county commissioner won, every single other person I voted for lost).  I worry that increasing the rates will further hurt the private sector and hurt jobs and government revenue.  Others will disagree, and they should be happy the cuts are expiring and care less whether the Republicans compromise or not.

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