Arthur Laffer he learned it from Ibn Khaldun and John Maynard Keynes. A simplified view of the theory is that tax revenues would be zero if tax rates were either 0% or 100%, and somewhere in between 0% and 100% is a tax rate which maximizes total revenue. Laffer's postulate was that the tax rate that maximizes revenue was at a much lower level than previously believed: so low that current tax rates were above the level where revenue is maximized. Numerous leading economists have rejected the view that a tax rate cut of current federal US income taxes can lead to
Larry Laffer on their list of top "hoes of gaming" and GamesRadar included him among the "13 unluckiest bastards in gaming". In 2013, "Game Informer" called him "one of gaming's more infamous characters, at least among the people who still remember him by name," and "Complex" gave him their "Mr. Thirst" award for the most lustful video game character of all time. Larry made a homage-type cameo appearance in the "" episode "Grand Theft Starship" and was referenced by Charles Stross in "Asimov's Science Fiction". A "lecherous" octopus at the Seattle Aquarium was named after the character. Larry Laffer Larry Laffer is