economics gdp graph hauser's_law laffer_curve taxes tax_revenue united_states

Image

Uploaded by Anonymous 7 months ago (source)

Comments

Shish: o_O
Anonymous: *_* I think that the graph is supposed to show that the amount of tax collected as a % of GDP remains the same regardless of the tax rate. By which theory if we had 0% tax on everything the government would still collect the same amount of tax....@_@ Better still if we went to negative tax so that government added to our wages.....
artanis: unfortunately below 0% the gov won't collect anything, so this comparison would degenerate at those tax levels.