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
According to Greta Kevin Chambers's home on Ocean Pathway in Ocean Grove was leased for the film production. Chambers had moved out of his home while the film crew rearranged and completed filming there. On October 13, 2007, film crews shut down the train station in Bradley Beach for shooting. The film finished full production in mid November 2007. Later in May 2008 scenes were re-shot. The film name was changed to "According to Greta" for the US release, although shown earlier as "Greta" in an L.A. screening. "According to Greta" had a limited release in theatres across the United States on December