tag:blogger.com,1999:blog-3239599.post111521456104530812..comments2024-03-08T05:28:34.766-05:00Comments on Through the Looking Glass: Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3239599.post-1115862130397058232005-05-11T21:42:00.000-04:002005-05-11T21:42:00.000-04:00When Laffer drew his curve on the cocktail napkin ...When Laffer drew his curve on the cocktail napkin he left off any numbers on the scale because they were unknowable. But everyone present just assumed that the optimum tax rate was somewhere below the prevailing one. At one time conservatives wistfully looked back at the '50s as an economic paradise. But from '54 to '63 federal taxes at all levels were the highest they've ever been.<BR/><BR/>parsecAnonymousnoreply@blogger.com