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>>where a few people throw up their hands and go "oh I've had enough". Yes, it's called the Laffer Curve. https://en.wikipedia.org/wiki/Laffer_curve https://en
by gadders 1y ago
>>where a few people throw up their hands and go "oh I've had enough".
Yes, it's called the Laffer Curve. https://en.wikipedia.org/wiki/Laffer_curve https://en.wikipedia.org/wiki/Laffer_curve
- hermitcrab 1y agoThe fact that there is an optimal tax rate somewhere between 0 and 100% seems so obvious as to hard be worth a name. Especially when no-one knows the shape of the curve. Or am I missing something?
- gadders 1y agoIt's obvious to us. It's not obvious to governments that think tax rates can go up and up without the tax income going down.