Bottom up working well

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Okiya

Elder Lister
The Laffer Curve states that if tax rates are increased above a certain level, then tax revenues can actually fall because higher tax rates discourage people from working.


In today's Sunday Nation, petroleum operators have said they have seen reduced demand of between 30% - 50% of their products!

Meanwhile, those with loans have you received communication of the revised interest rates? Is it single digit rate as promised by hustler?
 
Okiya said:
The Laffer Curve states that if tax rates are increased above a certain level, then tax revenues can actually fall because higher tax rates discourage people from working.


In today's Sunday Nation, petroleum operators have said they have seen reduced demand of between 30% - 50% of their products!

Meanwhile, those with loans have you received communication of the revised interest rates? Is it single digit rate as promised by hustler?
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Stop conflating issues. The reduced demand is a rational market reaction to price increases. You should know that the Laffer effect lags the trigger by many months if not years, and is not applicable in situations where unemployment is high
 
upepo said:
Stop conflating issues. The reduced demand is a rational market reaction to price increases. You should know that the Laffer effect lags the trigger by many months if not years, and is not applicable in situations where unemployment is high
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Say what Mr Ndii? Doesn't the rational market correction refer to a reduction in actual taxable volumes hence a reduction in total taxes collected?
 
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Okiya said:
The Laffer Curve states that if tax rates are increased above a certain level, then tax revenues can actually fall because higher tax rates discourage people from working.


In today's Sunday Nation, petroleum operators have said they have seen reduced demand of between 30% - 50% of their products!


Meanwhile, those with loans have you received communication of the revised interest rates? Is it single digit rate as promised by hustler?
Click to expand...

P O BOX 7 KIKUYU
Umepotea sana, you still in East rodon ?
 
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