Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

[...] Until now, of course, longer-term growth rates have been falling together with peak tax rates, and so has the average tax take of rich democracies. Worse still, in parallel with the declining taxability of firms, their claims for national and regional infrastructure have become more demanding; firms ask for tax reductions and tax concessions, but also and at the same time for better roads, airports, schools, universities, research funding, etc. The result is a tendency for taxation of small and medium incomes to rise, for example by way of higher consumption taxes and social security contributions, resulting in an ever more regressive tax system.

the inherent instability of basing tax policy on the Laffer curve (states lower tax rates to attract large corporations)

feels like a fairly simplistic analysis tbh but maybe worth making note of as a larger general trend in light of all the tax avoidance going on?

—p.xxi Preface to the Second Edition (vii) by Wolfgang Streeck 2¬†years, 9¬†months ago