tag:blogger.com,1999:blog-3553666065421564977.post4651462105794794680..comments2023-08-13T08:00:17.123-07:00Comments on The Crier Curve: A triple point for Laffer/Crier/Economy curves?MartyHhttp://www.blogger.com/profile/14388558618344941481noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3553666065421564977.post-36775625002846195882008-11-24T08:52:00.000-08:002008-11-24T08:52:00.000-08:00David-I mean the highest possible gross GDP. This ...David-<BR/><BR/>I mean the highest possible gross GDP. This is a static analysis; time effects are not considered.<BR/><BR/>Thanks for your comment.MartyHhttps://www.blogger.com/profile/14388558618344941481noreply@blogger.comtag:blogger.com,1999:blog-3553666065421564977.post-28900895238408875212008-11-24T08:24:00.000-08:002008-11-24T08:24:00.000-08:00When you say "the peak of the economy" do you mean...When you say "the peak of the economy" do you mean the maximum rate of growth for the economy or do you mean the highest possible gross GDP?Anonymoushttps://www.blogger.com/profile/05649827266201991787noreply@blogger.comtag:blogger.com,1999:blog-3553666065421564977.post-50850543902108596612008-11-23T17:05:00.000-08:002008-11-23T17:05:00.000-08:00J.V.-Thanks for your comments, and I agree-it is i...J.V.-<BR/><BR/>Thanks for your comments, and I agree-it is imprtant to recognize the relationship between the three competing interests when discussing what the "ideal" tax rate is.<BR/><BR/>This is going to be a topic of a future post-although you've stolen my thunder. :-)MartyHhttps://www.blogger.com/profile/14388558618344941481noreply@blogger.comtag:blogger.com,1999:blog-3553666065421564977.post-78102301915133386632008-11-23T13:54:00.000-08:002008-11-23T13:54:00.000-08:00The more I think about this, the more I think you'...The more I think about this, the more I think you've gotten a great result. (I'm referring to the original post a few days ago which you're elucidating further today). <BR/><BR/>Another thought experiment occurred to me as I was thinking about the original post. It doesn't prove your result, but it does put you in the right frame of mind. Ask someone: Where do you want the economy's wealth to reside? Do you want it to stay in the pockets of the people (t_c), the pockets of government (t_g), or remain in the economy at large (t_e)? <BR/><BR/>Again, I recognize that this is not a scientific point of view, and it does not follow from your result, but maybe it's a good intuitive way to introduce someone to the idea that the money in an economy can be controlled by the people, controlled by the government, or left to ride in the economy itself. Choose your preference and target your tax accordingly.Anonymousnoreply@blogger.com