Politics, time, and the Laffer Curve /
Why should a rationally motivated political decision process generate an inverse relationship between tax rates and tax revenues? There would never seem a logical reason for increasing tax rates beyond maximun revenue limits. In this note we explain how such a position, political decision makers ma...
Main Author: | Buchanan, James M., 1919-2013 |
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Format: | Article |
Language: | English |
Subjects: |
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