Laffer curve billion), but with large uncertainty on both sides. Robert Chote, the chairman of the UK Office for Budget Responsibility commented that Britain was "strolling across the summit of the Laffer curve", implying that UK tax rates were close to the optimum rate. Laffer has presented the examples of Russia and the Baltic states, which instituted a flat tax with rates lower than 35% around the same time that their economies started growing. He has similarly referred to the economic outcome of the Kemp-Roth tax cuts, the Kennedy tax cuts, the 1920s tax cuts, and the changes in US capital gains
Notional Keeneland three weeks before the running of the Kentucky Derby. He will undergo surgery for the injury which is not life-threatening, but there is question about whether he will be able to return to racing. He did not run in any of the Triple Crown races. Having an uneventful four-year-old season, Notional returned to form winning the July 5th, 2008 running of the Salvator Mile Handicap under Joe Bravo. Notional Notional (born February 1, 2004 in California) is an American Thoroughbred racehorse. He was sired by In Excess and out of the mare Truly Blessed. His damsire, French Deputy, is