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Intersting article. I would criticise the premise of the Laffer Curve even more harshly. The assumption that no one would work at a 100% tax rate is simply ludi
by YmiYugy 5y ago
Intersting article.
I would criticise the premise of the Laffer Curve even more harshly.
The assumption that no one would work at a 100% tax rate is simply ludicrous.
Billions of people do some form of unpaid work or volunteer.
- withaplomb 5y agoVolunteering doesn’t usually help those people build wealth though. If they could build wealth in that time instead, that would lower wealth inequality
- kar5pt 5y agoIf they're volunteering in their local communities, that builds the collective wealth of the community I'd argue this is a kind of wealth (or should be).