Where Does the Laffer Curve Peak?

March 23, 2012

Younger readers probably don’t remember this, but before 1980 much of the world was subjected to extraordinarily high marginal tax rates – 91% in the United States before 1964, 98% in Britain from 1974-79 (and 135% in 1968).

Interesting Juncture

Macro Credit, Bubble and speculative market dynamics analysis has reached another “Interesting Juncture.”  There are a few premises that will be tested over the coming weeks and months – and quite contrasting possible scenarios to contemplate.

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