Laffer curve Office has estimated that extending the Bush tax cuts of 2001–2003 beyond their 2010 expiration would increase deficits by $1.8 trillion over the following decade. Economist Paul Krugman contended that supply-side adherents did not fully believe that the United States income tax rate was on the "backwards-sloping" side of the curve and yet they still advocated lowering taxes to encourage investment of personal savings. Supply-side economics indicates that the simple descriptions of the Laffer curve are usually intended for pedagogical purposes only and do not represent the complex economic responses to tax policy which may be observed from such viewpoints
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