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Chapter 4: Public Finance: What is the Role of Government? | LFHSPBC
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Chapter Four: How Income Taxes Distort the Economy
The Laffer curve shows that there is a tax rate that optimizes the amount of revenue the government can achieve. But the goal isn’t to maximize the government’s revenue, the goal is to maximize and optimize economic prosperity for everyone.
Click below to watch the other videos in this series.
Additional resources:
The Laffer curve shows that there is a tax rate that optimizes the amount of revenue the government can achieve. But the goal isn’t to maximize the government’s revenue, the goal is to maximize and optimize economic prosperity for everyone.
Click below to watch the other videos in this series.
Additional resources:
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