Theory and empirics are therefore in accord, for the UK the 45% tax rate is about the peak of the Laffer Curve. Which leads to something I never thought I would write, but the SNP is correct here and Labour, easier to understand, wrong.
from Forbes Real Time //www.forbes.com/sites/timworstall/2017/08/28/scotland-finds-that-the-50-p-income-tax-rate-will-reduce-revenues-thats-our-laffer-curve-again/
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