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	<title>Comments on: Mitchell: JCT is Behind the Laffer Curve</title>
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	<link>http://techliberation.com/2008/03/19/mitchell-jct-is-behind-the-laffer-curve/</link>
	<description>Keeping politicians&#039; hands off the Net &#38; everything else related to technology</description>
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		<title>By: Steve R.</title>
		<link>http://techliberation.com/2008/03/19/mitchell-jct-is-behind-the-laffer-curve/comment-page-1/#comment-45541</link>
		<dc:creator>Steve R.</dc:creator>
		<pubDate>Thu, 20 Mar 2008 16:08:15 +0000</pubDate>
		<guid isPermaLink="false">http://techliberation.com/2008/03/19/mitchell-jct-is-behind-the-laffer-curve/#comment-45541</guid>
		<description>&lt;p&gt;Good post. I have never been a fan of the Laffer Curve, put the videos do contain some compelling arguments and data that supports the concept.&lt;br&gt;&lt;br&gt;When discussing the concept of taxation, I find two issues that are conveniently &quot;overlooked&quot;.&lt;br&gt;&lt;br&gt;Fist, tax monies do not just disappear into a black hole, they are used to fund projects which promote economic growth such as roads.  Also the employees of government buy goods and services thereby contributing to the economy.&lt;br&gt;&lt;br&gt;Second, the low-tax argument is that the producers need low taxes as an incentive to &quot;create&quot; products goods and services. While a compelling argument it is flawed. What this position does not consider is that the &quot;buyer&quot; now has to pay the tax which decreases buying opportunities. The tax has to be paid, the question becomes - should the producer or the consumer pay the tax? I advocate that the producer should pay the tax since it is part of the product cost anyway. Also from the free market perspective, the consumer should be free to seek out the product without a tax &quot;burden&quot;.&lt;/p&gt;
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		<content:encoded><![CDATA[<p>Good post. I have never been a fan of the Laffer Curve, put the videos do contain some compelling arguments and data that supports the concept.<br /><br />When discussing the concept of taxation, I find two issues that are conveniently &#8220;overlooked&#8221;.<br /><br />Fist, tax monies do not just disappear into a black hole, they are used to fund projects which promote economic growth such as roads.  Also the employees of government buy goods and services thereby contributing to the economy.<br /><br />Second, the low-tax argument is that the producers need low taxes as an incentive to &#8220;create&#8221; products goods and services. While a compelling argument it is flawed. What this position does not consider is that the &#8220;buyer&#8221; now has to pay the tax which decreases buying opportunities. The tax has to be paid, the question becomes &#8211; should the producer or the consumer pay the tax? I advocate that the producer should pay the tax since it is part of the product cost anyway. Also from the free market perspective, the consumer should be free to seek out the product without a tax &#8220;burden&#8221;.</p>]]></content:encoded>
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		<title>By: Steve R.</title>
		<link>http://techliberation.com/2008/03/19/mitchell-jct-is-behind-the-laffer-curve/comment-page-1/#comment-40827</link>
		<dc:creator>Steve R.</dc:creator>
		<pubDate>Thu, 20 Mar 2008 15:08:15 +0000</pubDate>
		<guid isPermaLink="false">http://techliberation.com/2008/03/19/mitchell-jct-is-behind-the-laffer-curve/#comment-40827</guid>
		<description>&lt;p&gt;Good post. I have never been a fan of the Laffer Curve, put the videos do contain some compelling arguments and data that supports the concept.&lt;/p&gt;

&lt;p&gt;When discussing the concept of taxation, I find two issues that are conveniently &quot;overlooked&quot;.&lt;/p&gt;

&lt;p&gt;Fist, tax monies do not just disappear into a black hole, they are used to fund projects which promote economic growth such as roads.  Also the employees of government buy goods and services thereby contributing to the economy.&lt;/p&gt;

&lt;p&gt;Second, the low-tax argument is that the producers need low taxes as an incentive to &quot;create&quot; products goods and services. While a compelling argument it is flawed. What this position does not consider is that the &quot;buyer&quot; now has to pay the tax which decreases buying opportunities. The tax has to be paid, the question becomes - should the producer or the consumer pay the tax? I advocate that the producer should pay the tax since it is part of the product cost anyway. Also from the free market perspective, the consumer should be free to seek out the product without a tax &quot;burden&quot;.&lt;/p&gt;
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		<content:encoded><![CDATA[<p>Good post. I have never been a fan of the Laffer Curve, put the videos do contain some compelling arguments and data that supports the concept.</p>

<p>When discussing the concept of taxation, I find two issues that are conveniently &#8220;overlooked&#8221;.</p>

<p>Fist, tax monies do not just disappear into a black hole, they are used to fund projects which promote economic growth such as roads.  Also the employees of government buy goods and services thereby contributing to the economy.</p>

<p>Second, the low-tax argument is that the producers need low taxes as an incentive to &#8220;create&#8221; products goods and services. While a compelling argument it is flawed. What this position does not consider is that the &#8220;buyer&#8221; now has to pay the tax which decreases buying opportunities. The tax has to be paid, the question becomes &#8211; should the producer or the consumer pay the tax? I advocate that the producer should pay the tax since it is part of the product cost anyway. Also from the free market perspective, the consumer should be free to seek out the product without a tax &#8220;burden&#8221;.</p>]]></content:encoded>
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