European Tribune - Comments - How To Lie With Numbers 2

How To Lie With Numbers 2 - Laffer Nonsense From The WSJ | 34 comments (34 topical, 0 editorial, 0 hidden)

Re: How To Lie With Numbers 2 - Laffer Nonsense Fr (4.00 / 2)

Aside of all other issues, corporate tax rates are not equivalent with the effective rate of company taxation (in any way). Could well be that Norway has a higher effective tax rate than the USA, if there are less deductions and subsidies.

by nanne (zwaerdenmaecker@gmail.com) on Thu Oct 18th, 2007 at 12:10:31 PM EST

Re: How To Lie With Numbers 2 - Laffer Nonsense Fr (4.00 / 3)

Kevin Drum confirms:

That is, it would be shocking unless you knew that the effective corporate tax rate in America isn't 35%, it's about 26%

Then there are of course things like the difference in regulatory environments, industrial policy, etc. etc. that make it impossible to make a sensible comparison of the tax policy of so many countries. Too many independent variables to isolate.

But this scatterplot does not even represent what the laffer curve is supposed to measure.

by nanne (zwaerdenmaecker@gmail.com) on Thu Oct 18th, 2007 at 12:17:31 PM EST
[ Parent ]

How To Lie With Numbers 2 - Laffer Nonsense From The WSJ | 34 comments (34 topical, 0 editorial, 0 hidden)

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