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What's a Laffer curve?

What's a Laffer curve? | Expand the tax base; Raise taxes on the handful of people who pay all the taxes | image tagged in drake hotline bling,taxes,let's raise their taxes,government,evil government,dumb | made w/ Imgflip meme maker
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AmericanViking
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Expand the tax base; Raise taxes on the handful of people who pay all the taxes