Reaganomics the tax rate cuts would more than cover any increases in federal debt, was influenced by a theoretical taxation model based on the elasticity of tax rates, known as the Laffer curve. Arthur Laffer's model predicts that excessive tax rates actually reduce potential tax revenues, by lowering the incentive to produce; the model also predicts that insufficient tax rates (rates below the optimum level for a given economy) lead directly to a reduction in tax revenues. Reagan lifted remaining domestic petroleum price and allocation controls on January 28, 1981, and lowered the oil windfall profits tax in August 1981. He
Life According to Ohad Life According to Ohad Life According to Ohad (Hebrew: החיים על פי אוהד "Hachaim al pi Ohad") is a 2014 Israeli biographical documentary about a vegan animal-rights activist named Ohad Cohen. The film highlights Ohad's struggle to reconnect with his family after separating from them for years due to their carnist lifestyle. Eri Daniel Erlich, writer and director, traveled alongside Ohad for three years to capture this documentary in which Ohad undertakes open rescue, chains himself to animal cages in protest, and performs public demonstrations in favor of animal rights. The film was awarded a Special Jury Mention by Docaviv