5 ms·
The incredible machinery required to collect the current amount of taxes suggests so. Each percentage point requires increasingly more complex tax administratio
by emteycz 4y ago
The incredible machinery required to collect the current amount of taxes suggests so. Each percentage point requires increasingly more complex tax administration, and with each point more people will try hard to evade it.
https://en.m.wikipedia.org/wiki/Laffer_curve https://en.m.wikipedia.org/wiki/Laffer_curve