Re:Economist Bob Mundell has died
by jayd16 on Tuesday April 06, 2021 @01:58PM
(#26715167)
Agreed. Its not controversial that at a 100% tax rate, work would not be done, and at a 0% tax rate no tax will be collected.
The issue has always been using these points to extrapolate any policy you want because where you land on the curve or even the shape of said curve IS up for debate.
The issue has always been using these points to extrapolate any policy you want because where you land on the curve or even the shape of said curve IS up for debate.