Home › Forums › Financial Markets/Economics › State Budgets: Day of Reckoning › Let’s move forward. Everyone
Let’s move forward.
Everyone agrees if taxes were 100%, reducing taxes will bring in more revenue and if taxes were 0%, increasing taxes will more revenue.
We have none of the 2 cases. Clearly there is an optimal level. What is that? 10%? 20%? 50%? 75%?