Economist Arthur Laffer, Who Developed the Laffer Curve, Believed That

Economist Arthur Laffer, who developed the Laffer curve, believed that if taxes are raised drastically:

A) people will work less because too much of their income will go to the government.
B) people will work more because they need to offset money going to the government.
C) people will demand more from government for their hard work, making government bigger and even more expensive.
D) more people will become unemployed and collect unemployment benefits.
E) the government would raise less money over time and ultimately go bankrupt because educated and skilled workers would leave the country for better opportunities elsewhere.