On: Microsoft owes Denmark $1B in taxes

[ubernostrum]

"Taxes shouldn't be too high, and shouldn't be too low" is about the most precise statement anyone can make about the Laffer curve and still be able to have it hold up in the face of the real world.

Pardon me if I'm not bowled over by that.

[gadders → ubernostrum]

Well, given that plenty of governments seem to think taxation can be increased indefitely in order to support their "client state" of government employees, I'd say that was a valuable result.

[vidarh → gadders]

If "plenty of governments" believed that, I'd expect to see far higher tax rates.