10 ms·
You gotta be careful of the Laffer Curve[0] though. Tap into the rich too much and they'll leave. Make it illegal to leave... well, your country is going downhi
by ythn 10y ago
You gotta be careful of the Laffer Curve[0] though. Tap into the rich too much and they'll leave. Make it illegal to leave... well, your country is going downhill fast.
[0] https://en.wikipedia.org/wiki/Laffer_curve https://en.wikipedia.org/wiki/Laffer_curve
- panglott 10y agoWhat is the revenue-maximizing rate of taxation under the Laffer curve?
- deleted 10y ago[deleted]
- gertef 10y agoThe exact value is near impossible to pinpoint, but you can find it by gradient methods. One thing for certain is that it's lower than the rate I currently pay. ;-)
- IslaDeEncanta 10y agoAbout 70% of income, according to estimates. It varies for other taxes (capital, consumption, etc.). Source article: http://www.sciencedirect.com/science/article/pii/S030439321100064X http://www.sciencedirect.com/science/article/pii/S0304393211...
- lawless123 10y ago"You gotta be careful of the Laffer Curve[0] though. Tap into the rich too much and they'll leave." We should tap into it on a global scale. We'll have Moon colonies in no time!
- thesimpsons1022 10y agothe laffer curve and supply side economics is junk/propoganda masquerading as economics. It's about as real as the scientific studies exxon releases against global warming.
- ythn 10y ago> economics in general is junk and a bogus field FTFY
- thesimpsons1022 10y agothe laffer curve and supply side economics is junk/propoganda masquerading as economics. It's about as real as the scientific studies exxon releases against global warming.
- gertef 10y agoThey won't leave if it costs them access to the hugely profitable domestic market that makes them rich.