According to Nobel Laureate Ed Prescott, Increasing tax rates [in Europe] will not increase revenue (Prescott, 2004:
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According to Nobel Laureate Ed Prescott, “Increasing tax rates [in Europe] will not increase revenue” (Prescott, 2004: 2). What assumptions must hold in order for this statement to be correct?
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Related Book For
Public Finance In Canada
ISBN: 9781259030772
5th Canadian Edition
Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon
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