We generally try to avoid politics around here, but in this case it's relevant so go with it.
The Laffer Curve is one of the more renowned theories of economics in history. We won't get into the nitty-gritty on a sports blog, but the basics are this:
In 1974 during a famous breakfast with Dick Cheney and Donald Rumsfeld, new Office of Management and Budget Director Arthur Laffer postulated that cutting tax rates on the wealthiest would generate so much economic activity they'd pay for themselves. He showed his work on the back of a napkin, and it became the basis for most neo-conservative economic dogma that still exists today.
