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A comment on The Indian government is set to endorse Universal Basic Income. Parent comment

Re:The Indian government is set to endorse Universal Basic I... by panglott on Wednesday January 04, 2017 @11:29AM (#13319611)
What is the revenue-maximizing rate of taxation under the Laffer curve?
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Re:The Indian government is set to endorse Universal Basic I... by IslaDeEncanta on Wednesday January 04, 2017 @10:51PM (#13324569)
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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Re:The Indian government is set to endorse Universal Basic I... by gertef on Wednesday January 04, 2017 @02:55PM (#13321495)
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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