Comments on: Swede dreams https://en.irefeurope.org/publications/online-articles/article/swede-dreams/?utm_source=rss&utm_medium=rss&utm_campaign=swede-dreams Independent research and policy analysis on fiscal, monetary, and regulatory issues in Europe Sun, 09 Jan 2022 21:33:19 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Christof T. Zeller-Zellenberg https://en.irefeurope.org/publications/online-articles/article/swede-dreams/#comment-14545 Wed, 28 Jan 2015 22:54:47 +0000 https://en.irefeurope.org/publications/online-articles/swede-dreams/#comment-14545 Laffer peak even lower at around 15%
I recall a meeting with the then secretary of the treasury from Slovakia, Ivan Miklos, where he told me, that their research shows, that the peak in Slovakia would be around 15% Income tax. They at least managed to reduce their tax rate down to 19% and it stayed there for about 10 years. Unfortunately the left wing, nationalist government that came to power a few years ago started raising the tax rate up to 22% already – still way below the European average but again steepening the curve…

Best regards
Christof T. Zellenberg

]]> By: Wulf Gordian Hauser https://en.irefeurope.org/publications/online-articles/article/swede-dreams/#comment-14544 Wed, 28 Jan 2015 15:35:01 +0000 https://en.irefeurope.org/publications/online-articles/swede-dreams/#comment-14544 Laffer Curve
Please don't draw the Laffer Curve in a way which suggests that the peak appears to be at 50 %.
Empirical evidence suggests that the peak would be around 25 % for income tax.

Best regards

Wulf G. Hauser

]]>