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> The fact that the Laffer curve[1] is a thing leads me to believe that government will continue to tax until the maximum taxation is achieved, or beyond. Isn'
by stkdump 7y ago
> The fact that the Laffer curve[1] is a thing leads me to believe that government will continue to tax until the maximum taxation is achieved, or beyond.
Isn't that circular reasoning? Afaik, the Laffer curve just is a concept that discribes where the maximum tax revenue is (i.e. neither at 0% nor at 100% tax)