Why Raising Taxes Can Backfire (The Laffer Curve)
3:17
YouTubeFinNews
Why Raising Taxes Can Backfire (The Laffer Curve)
Have you ever wondered why increasing taxes doesn’t always lead to more government revenue? In this video, we explore the Laffer Curve, an economic concept that explains how tax rates impact total revenue. Learn how excessive taxes can discourage work, investment, and spending, potentially reducing the tax base. We’ll also look at real ...
6.2M views7 months ago
Tax Revenue by Country
"DSTV decoders from Nigeria to Ghana has denied the country tax revenue and led to the decline of local content creation," says Communications Minister Samuel Nartey George. #3NewsGH #AkomaFM | Akoma 87.9 FM
"DSTV decoders from Nigeria to Ghana has denied the country tax revenue and led to the decline of local content creation," says Communications Minister Samuel Nartey George. #3NewsGH #AkomaFM | Akoma 87.9 FM
FacebookAkoma 87.9 FM
288 views1 month ago
Norway thought raising the wealth tax would boost revenue… Instead, it triggered a mass exodus of wealth. 🇳🇴 They aimed to collect £146M per year. 💸 But over £54 BILLION in wealth left the country — fast. 📉 The result? A £594M LOSS in tax revenue. The wealthy didn’t argue. They didn’t protest. They just moved their money. And I’m seeing the same pattern emerging in the UK right now… Entrepreneurs, high earners, and business owners are quietly shifting capital abroad — to places like Dubai, C
Norway thought raising the wealth tax would boost revenue… Instead, it triggered a mass exodus of wealth. 🇳🇴 They aimed to collect £146M per year. 💸 But over £54 BILLION in wealth left the country — fast. 📉 The result? A £594M LOSS in tax revenue. The wealthy didn’t argue. They didn’t protest. They just moved their money. And I’m seeing the same pattern emerging in the UK right now… Entrepreneurs, high earners, and business owners are quietly shifting capital abroad — to places like Dubai, C
FacebookPlatinum Property Academy
755 views1 week ago
Tax policy doesn’t always work out the way governments expect. 👉 Norway raised its wealth tax to collect more revenue. ❌ Instead, over £54bn left the country, leading to a £594m shortfall. Here in the UK, we’re already seeing warning signs. High earners and entrepreneurs are exploring tax-efficient structures, and some are even relocating their money overseas. But here’s the reality for most people: You don’t need millions to feel the impact of tax. The way you file and organise your self-asses
Tax policy doesn’t always work out the way governments expect. 👉 Norway raised its wealth tax to collect more revenue. ❌ Instead, over £54bn left the country, leading to a £594m shortfall. Here in the UK, we’re already seeing warning signs. High earners and entrepreneurs are exploring tax-efficient structures, and some are even relocating their money overseas. But here’s the reality for most people: You don’t need millions to feel the impact of tax. The way you file and organise your self-asses
FacebookTax Queen C
49.8K views2 weeks ago
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