▲ | bwb 12 hours ago | ||||||||||||||||
Every tax system has a point where extracting more means less economic activity. I think that also applies to paperwork and all the hoops you jump through. I wish I knew where it was, I think that is a big debate :) But at some point, people give up, they don't start businesses, and if they do, they form them in the USA. Or they move nearby, a lot of French people went to Belgium the last time taxes increased a lot. | |||||||||||||||||
▲ | throwaway894345 11 hours ago | parent [-] | ||||||||||||||||
That makes sense to me, but if we don't know where that point is, how can we say that France has reached it? I'm not trying to suggest France has or has not--I don't know the French economy well enough to have an opinion. I also wonder if "economic activity" alone is worth maximizing for--like certainly more economic activity is better than less, all else equal, but I think we also want to minimize inequality (maybe we want to maximize for median household income or something?). | |||||||||||||||||
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