Supply-Side Economics The attached New York Times article from 2008 talks about the so-called supply-side economies and the political push to decrease taxes. Read the article and answer the following questions. a. Laffer Curve Part of the justification that Republicans provide for reducing taxes is based on the argument that such a reduction would increase tax revenue. This concept was popularized by Arthur Laffer in the 1980s. Explain the concept of the Laffer Curve and in which cases tax cuts may or may not increase tax revenue. (50 points)