The Laffer Curve is inarguably real (no one will work at a 100% tax rate), the only question is where the peak is. Portugal is the latest country to be surprised to find itself on the wrong side of the peak.
The Laffer Curve is inarguably real (no one will work at a 100% tax rate), the only question is where the peak is. Portugal is the latest country to be surprised to find itself on the wrong side of the peak.