Are We Just Animals on a Government Farm?

Laughing at Laffer and looking for answers on #MemeMonday

At a dinner in 1974, economist Arthur Laffer drew a simple chart on a napkin to explain to those present why he opposed President Ford’s proposed tax increase. Though it has since become known as the Laffer Curve, the idea was much older—perhaps going as far back at fourteenth-century Tunisia.

The concept is simple:

1. If taxes are zero percent, government r…