minus-squarebitflag@lemmy.worldtoWorld News@lemmy.world•The left-wing French coalition hoping to introduce 90% tax on richlinkfedilinkEnglisharrow-up0·2 months agoIt’s not. If you accept that : Taxing at 0% brings no tax revenue Taxing at 100% also brings no tax revenue Then you accept that between those two extremes there’s a tax optimum that for a given rate gives the most tax revenue. This is the Laffer curve. linkfedilink
It’s not. If you accept that :
Then you accept that between those two extremes there’s a tax optimum that for a given rate gives the most tax revenue. This is the Laffer curve.