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Re: Whats Fair When it Comes to Taxes?
^ I like Peter Schiff a lot (and not just for his first name) and hes clearly a really smart articulate dude. But Laffer was one of the many "smart" economist in the vast majority that were completely caught off guard with the economic collapse.
Im not say that makes his opinion any better, but he was wrong when everyone else was wrong. 2008 was a true "black swan" event (maybe even the originator of the term?) with more interwoven complexity then the US tax code so i cant really fault a guy for not seeing it coming. He is a of an arrogant ahole so from a personal standpoint, i dont like him either.
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