According to one econometric study, Denmark and Sweden are on the wrong side of the Laffer curve

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According to one econometric study, “Denmark and Sweden are on the wrong side of the Laffer curve for capital income taxation” [Trabandt and Uhlig, 2009]. Explain what the words “wrong side” mean in this context.
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Public Finance

ISBN: 978-0078021688

10th edition

Authors: Harvey Rosen, Ted Gayer

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