Assessing the Growth-Maximizing Size of Government — International Liberty

Most people have heard of the Laffer Curve, which shows that there is a non-linear relationship between tax rates and tax revenues (for instance, doubling tax rates won’t produce a doubling of tax revenue because people and businesses will have less incentive to earn and report income). There’s something similar on the spending side of […]

Assessing the Growth-Maximizing Size of Government — International Liberty

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