this post was submitted on 20 May 2025
408 points (95.3% liked)
Political Memes
8097 readers
2551 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
No AI generated content.
Content posted must not be created by AI with the intent to mimic the style of existing images
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
We just didn't cut taxes enough!!!1!! Keep cutting taxes for the rich and someday we'll ALL be rich!!
But the laffer curve indicates that if we cut taxes a little and that lowers revenue, cutting them even more would be much worse??
The Laffer curve represents the premise that high taxes repress the economy and lower total revenue as badly as extremely low taxes would and that there is a sweet spot on the curve where the tax rate isn't too high or too low which maximizes total revenue. Conservatives always claim that the tax rates are above that point and that we just need to keep lowering tax rates on the rich to spur the economy and thus boost revenue.
They don't know where that sweet spot is but they are just sure that we are above it and we just need to keep cutting. In summary, they are idiots who just want to make rich people richer.
Yes, that was my point, that if they actually believed in that model, they would support raising taxes because every time we cut taxes, revenue decreases.