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To: marty60
"A simplified view of the theory is that tax revenues would be zero if tax rates were either 0% or 100%, and somewhere in between 0% and 100% is a tax rate which maximizes total revenue."

I read that the ideal rate is between 16.5% and 17.8%, maximum revenue is achieved to the government. More or less than that range and total revenue to the government falls off.

5 posted on 10/14/2011 8:31:33 AM PDT by 2001convSVT (Going Galt as fast as I can.)
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To: 2001convSVT

iirc, wasn’t Forbes rate somewhere around there? I voted for Forbes in the primary, I thought his plan was workable.


40 posted on 10/14/2011 9:20:37 AM PDT by marty60
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