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by panglott 3454 days ago
What is the revenue-maximizing rate of taxation under the Laffer curve?
2 comments
IslaDeEncanta 3453 days ago
About 70% of income, according to estimates. It varies for other taxes (capital, consumption, etc.).

Source article: http://www.sciencedirect.com/science/article/pii/S0304393211...

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gertef 3454 days ago
The exact value is near impossible to pinpoint, but you can find it by gradient methods. One thing for certain is that it's lower than the rate I currently pay. ;-)
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