Laffer curve estimated and such estimates are controversial. "The New Palgrave Dictionary of Economics" reports that estimates of revenue-maximizing tax rates have varied widely, with a mid-range of around 70%. There is a consensus among leading economists that a reduction in the US federal income tax rate would not raise annual total tax revenue. The Laffer curve was popularized in the United States with policymakers following an afternoon meeting with Ford Administration officials Dick Cheney and Donald Rumsfeld in 1974, in which Arthur Laffer reportedly sketched the curve on a napkin to illustrate his argument. The term "Laffer curve" was coined by
Eponymous archon was responsible for the civic religious arrangements. After 508 BC the offices were held for only a single year, and the year was named after the archon eponymous. The year ran from July to June. The archon eponymous was the chief archon, and presided over meetings of the Boule and Ecclesia, the ancient Athenian assemblies. The archon eponymous remained the titular head of state even under the democracy, though with much reduced political importance. Under the reforms of Solon, himself archon eponymous in 594 BC, there was a brief period when the number of archons rose to ten. After 457