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The Laffer Curve: Past, Present, and Future |
 | | The Laffer Curve, by the way, was not invented by me. For example, Ibn Khaldun, a 14th century Muslim philosopher, wrote in his work The Muqaddimah: "It should be known that at the beginning of the dynasty, taxation yields a large revenue from small assessments. |
 | | Figure 1 is a graphic illustration of the concept of the Laffer Curve--not the exact levels of taxation corresponding to specific levels of revenues. |
 | | Laffer Associates' most recent research paper covering this topic is Arthur B. Laffer and Jeffrey Thomson, "The Only Answer: A California Flat Tax," Laffer Associates, October 2, 2003. |
| www.heritage.org /Research/Taxes/bg1765.cfm (4775 words) |
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