From: Eugene Leitl (eugene@liposome.genebee.msu.su)
Date: Tue Feb 10 1998 - 09:40:51 MST
On Thu, 5 Feb 1998, Damien R. Sullivan wrote:
> If tax rates are 0%, taxes are 0. If tax rates are 100%, taxes are 0,
> because no one's bothering to work. So there's some curve relating
In Russia, people prefer to cheat. Local economy would break down
instantly, should existing tax legislation suddenly become 100%
enforcible. (Of course such legislation is entirely unenforcible).
> rates and revenues. If rates are below the optimal rate, then raising
> rates will increase taxes; if above the optimum, then the rates are
> [...]
ciao,
'gene
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