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    In the 1980s, economists and many politicians opposed to tax increases used this theory as a means of arguing for tax cuts, though it was clear that most politicians had nothing more than a rudimentary understanding of economics in general, much less the specifics of the Laffer model. Many have argued against the use of these principles on these grounds alone, while still others have pointed out that the assumption of rationality creates a disconnect in the theory itself. Regardless, the Laffer ...
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