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Was it possible the tax laws made the rate higher but allowed more ways to avoid paying the highest rates?
by talmand 10y ago
Was it possible the tax laws made the rate higher but allowed more ways to avoid paying the highest rates?
- gadders 10y agoThe higher the tax rate, the more worthwhile it is to expend effort to avoid them.
- ArkyBeagle 10y agoIt may also be that firms simply limit production. Since taxation is per firm, there are more firms. IOW, it may act as a brake on consolidation.