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Anorak | Why bother working at a 100% tax rate?

Why bother working at a 100% tax rate?

by | 27th, February 2013

THERE’S this idea out there, this Laffer Curve thing. The idea is that at 0% tax you’ll not collect any tax revenue. Fairly obvious really. And at 100% tax rate no one will bother going to work. Also fairly obvious. At rates in between people will go to work: and there’s one tax rate somewhere that maximises the tax take.

Of course,

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Posted: 27th, February 2013 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink