mikedilger on Nostr: NZ labour govt around 2000 commissioned a report from about 7 economists asking at ...
NZ labour govt around 2000 commissioned a report from about 7 economists asking at what total tax take in %GDP would maximize economic growth. As a student of Murray Rothbard and Milton Friedman I would guess something like 5%. The results were pretty uniform at 18% - 24%. I'm not saying they are right. But the govt at the time was at about 35%. Today it is around 50%. BTW US is at about 20%, far lower than all other western countries, and yet right wing Americans complain the loudest like they are massively suffering (when in reality they suffer less than every other country). Just an observation.
Published at
2025-02-24 04:09:42Event JSON
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