Comment Re:Make a simple graph (Score 1) 1910
You are describing the Laffer Curve, where 'theoretically' at some point increases taxes actually decreases total payments. While a nice idea, hardly any economist believes the US (or any developed country) is anywhere near that situation. Some estimate that payments would only decrease if the overall tax rate were greater than 80%. The theory is now, really only a favorite of business men who style themselves as self-taught supply-side economists. Don't be fooled that since it's technically possible for a society to be hyper-taxed, that the US is anywhere near that situation.