Laffer curve and many others advocate a zero capital gains rate. The increased aggregate supply would result in increased aggregate demand, hence the term "supply-side economics". Laffer assumes that the government's revenue is a continuous function of the tax rate. However, in some theoretical models, the Laffer curve can be discontinuous, leading to an inability to devise a revenue-maximizing tax rate solution. Additionally, the Laffer curve depends on the assumption that tax revenue is used to provide a public good that is separable in utility and separate from labor supply, which may not be true in practice. The Laffer curve as presented
Larry Laffer when Lowe sent a letter asking his permission for the publication of a program under the title "Laffer Utilities", a Larry spin-off which could potentially confuse the public due to the ambiguous title. Laffer asked his secretary if she knew about the games and she told him that she had played them for years, but never made a connection. Laffer gave the permission and also paid a visit to the Sierra studios. One of Larry's trademarks is his manner of introducing himself: "Hi, my name is Larry; Larry Laffer", a reference to James Bond's introduction style, "My name is Bond;