Question: Do increased taxes increase or decrease economic growth? The file P10_63.xlsx lists tax revenues as a percentage of gross domestic products (GDP) and the average

Do increased taxes increase or decrease economic growth? The file P10_63.xlsx lists tax revenues as a percentage of gross domestic products (GDP) and the average annual percentage growth in GDP per capita for nine countries during the years 1970 through 1994. Do these data support or contradict the dictum of supply-side economics?

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