The Laffer effect still debunked yet again!

The Laffer effect debunked.

Following the nonsense in the Telegraph the other week (whilst I was officially dead) about Millionaires leaving the UK, it is worth noting that I already debunked that and if anybody thinks that people would change their behaviour to pay less tax, they must be stupid.

Nobody ever did anything to pay less tax. Especially not millionaires.

This is just a rightwing attempt at distraction from the bigger issue of tax avoidance. The wealthy will stop at nothing to get away with avoiding as much tax as they can.


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