Laffer curve A draft paper by Y. Hsing looking at the United States economy between 1959 and 1991 placed the revenue-maximizing average federal tax rate between 32.67% and 35.21%. A 1981 article published in the "Journal of Political Economy" presented a model integrating empirical data that indicated that the point of maximum tax revenue in Sweden in the 1970s would have been 70%. A 2011 paper by Trabandt and Uhlig published in the "Journal of Monetary Economics" estimated a 70% revenue maximizing rate, and predicted that the US and most European economies were on the left of the Laffer curve (in other
According to Jim sense for us". But on June 27, 2007, ABC renewed the show for a seventh season with 18 episodes. "According to Jim" returned to ABC's schedule on Tuesday January 1, 2008, with two episodes at 9 pm and 9:30 pm. After that, the series moved to its regular time slot at 8 pm. Despite the writer's strike, ABC announced that the show would produce all 18 episodes ordered for this season. On February 27, 2008, it was reported that ABC was close to renewing "According to Jim" for an eighth season. On May 13, 2008, ABC officially renewed the series