Answer :
Explanation:
If the tax rate is 0%, the government will earn no revenue. If the taxation rate is 100%, the government will be the recipient of all revenue generated by the economy, and will thereby maximize its own revenue.
Explanation:
If the tax rate is 0%, the government will earn no revenue. If the taxation rate is 100%, the government will be the recipient of all revenue generated by the economy, and will thereby maximize its own revenue.