How Governments Try to Maximize Tax Revenue | The Laffer Curve Explained
This is the Laffer Curve. This chart attempts to answer the question, is there an optimal tax rate? And if so, what is it?
Timecodes
0:00 Introduction
0:13 The Laffer Curve
4:10 The Problem of the Laffer Curve
8:13 The Spending is the Problem
10:08 Redistribution
13:08 Ethics of Taxation
15:24 Loopholes
16:05 Heresy Taxes
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#TheLafferCurve #Inflation #Taxes #GovernmentSpending
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