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What did Martin Feldstein find when America cut its highest tax rate from 50% to 28% in 1986?
What did Martin Feldstein find when America cut its highest tax rate from 50% to 28% in 1986?
What does the adjustment in taxable income driven by people altering when and how they take their income suggest?
What does the adjustment in taxable income driven by people altering when and how they take their income suggest?
What happened to taxable income after tax rates rose in 1993?
What happened to taxable income after tax rates rose in 1993?
What was the main reason for the big fall in taxable income after tax rates rose in 1993?
What was the main reason for the big fall in taxable income after tax rates rose in 1993?
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How does the Laffer Curve relate to the concept discussed in the text?
How does the Laffer Curve relate to the concept discussed in the text?
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What effect did Martin Feldstein's findings have on the belief that raising top tax rates would generate more revenue?
What effect did Martin Feldstein's findings have on the belief that raising top tax rates would generate more revenue?
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What was the main reason for the big fall in taxable income after tax rates rose in 1993, according to the text?
What was the main reason for the big fall in taxable income after tax rates rose in 1993, according to the text?
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How did people respond to the tax rate cut from 50% to 28% in 1986, according to Feldstein's findings?
How did people respond to the tax rate cut from 50% to 28% in 1986, according to Feldstein's findings?
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What conclusion can be drawn about the relationship between tax rates and taxable income based on the text?
What conclusion can be drawn about the relationship between tax rates and taxable income based on the text?
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How does the concept of Laffer Curve relate to the behavior of taxable income after changes in tax rates?
How does the concept of Laffer Curve relate to the behavior of taxable income after changes in tax rates?
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