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If we have an income tax then we know what the best level is by using GenSenica's plan. If I remember correctly it went something like this:Tax at 16%, expect revenues of 16% and set the budget at 16%. In good years pocket the difference when revenues are higher than 16%. In bad years - break even.
If we have an income tax then we know what the best level is by using GenSenica's plan. If I remember correctly it went something like this:
Tax at 16%, expect revenues of 16% and set the budget at 16%. In good years pocket the difference when revenues are higher than 16%. In bad years - break even.
