> evidence suggest (Cato journal - I believe the fall 1998-issue) that a > tax biurden of around 20 percent of GDP seems to be optimal for > economic growth (provided, of course, that it is spent somewhat wisely). > any higher, and economic growth will be reduced
Optimal implies that there will be less growth at rate lower than 20. Why is the optimal tax burden not less than 20? Fred Foldvary ===== [EMAIL PROTECTED] __________________________________________________ Do You Yahoo!? LAUNCH - Your Yahoo! Music Experience http://launch.yahoo.com
