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OK, so now you're saying that a smaller percent of a larger GDP is better (or at least as good as ) a larger percentage of a smaller GDP. You may actually have a point, there.Further, a smaller tax could actually result in a larger GDP. So, raising taxes above a certain level is likely to be counter productive. How do we know what that level is?
OK, so now you're saying that a smaller percent of a larger GDP is better (or at least as good as ) a larger percentage of a smaller GDP. You may actually have a point, there.
Further, a smaller tax could actually result in a larger GDP. So, raising taxes above a certain level is likely to be counter productive.
How do we know what that level is?
