Prager University: Do High Taxes Raise More Money?
Aimee Jamison stashed this in Economics/Finance
Aimee, thank you for posting this!
The best tax rate for maximizing revenues is neither too high (incentivizes people to work less) nor too low (doesn't collect enough) but somewhere close to low.
Closing some loopholes will probably help, too.
This presumes one thinks it's a good thing to maximize government revenue. :-)