Look, Bart, if you want to say it's the "Laffer Curve" that tells you having cliff-edges in the tax system is absurd and perverse, be my guest. I can't stop you doing that, and tbh it doesn… (View Post)
Conceptually there kind of must be, yes. But with so many complexities and moving parts (eg there are umpteen different taxes) you're never really in "curve" territory at all. But despite t… (View Post)
That's not our boy Laffer though. It's about the tax take and the conceit is you can use the Curve to pitch tax at an 'optimum' rate to maximise the take. I've looked at it and I get 64%. So there's … (View Post)