Do increased taxes increase or decrease economic growth? The file P10_63.xlsx lists tax revenues as a percentage

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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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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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