What if your model takes into account the fact that if income taxes are high enough, startups stop happening? These economists tried it, and found the optimal tax rate is 29%. https://www8.gsb.columbia.edu/faculty-research/sites/faculty-research/files/finance/Macro%20Workshop/toptax.pdf …
That happens to also be the president’s argument but yes.
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As a non-security/non-military person, I have no idea how to calculate the optimal spending level the US should maintain on global security.
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Would be keen to read academic studies on this if any exist.
End of conversation
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