Laffer curve tax structure in 1997. Some have also cited Hauser's Law, which postulates that US federal revenues, as a percentage of GDP, have remained stable at approximately 19.5% over the period 1950 to 2007 despite changes in marginal tax rates over the same period. Others however, have called Hauser's Law "misleading" and contend that tax changes have had large effects on tax revenues. More recently, based on Laffer curve arguments, Kansas Governor Sam Brownback greatly reduced state tax rates in 2012. The state, which had previously had a budget surplus, experienced a budget deficit of about $200 million in 2012. Drastic
Laffer, South Australia which was conducted in August 2016 reports that Laffer had a population of 48 people. Laffer is located within the federal division of Barker, the state electoral district of MacKillop and the local government area of the Tatiara District Council. Laffer, South Australia Laffer is a locality in the Australian state of South Australia located in the state’s south-east about south-east of the state capital of Adelaide and about west of the municipal seat in Bordertown. Its boundaries were created on 24 August 2000. Its name is derived from the cadastral unit of the Hundred of Laffer which it occupies