Tag: impoverish

February 23, 2018 admin123@ No comments exist

Laffer curve An optimum tax rate maximises tax revenue – Arthur Laffer, 1979.  Above that rate, no more revenue is gained (and may even fall), as tax avoidance, disincentive to work and “brain drain” impoverish the rich & the poor  Guessed the Word?      Series 20 (2/6)        [pic: Michael Gaida]