Oct 062010
 
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WorkforAll had the following illustration combining the Armey Curve with the Laffer Curve. It indicates that if a country wants to maximize the growth of wealth, the optimum tax rate is 30%; if the country wants to maximize revenue, the optimum tax rate is 45%.

illustration combining the Armey Curve with the Laffer Curve

To read the entire article, click on EU : Causes of Growth differentials in Europe.

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