Laffer curve response to the tax rate: either they lose their incentive to work, or they find a way to avoid paying taxes. Thus, the "economic effect" of a 100% tax rate is to decrease the tax base to zero. If this is the case, then somewhere between 0% and 100% lies a tax rate that will maximize revenue. Graphical representations of the curve sometimes appear to put the rate at around 50%, if the tax base reacts to the tax rate linearly, but the revenue-maximizing rate could theoretically be "any" percentage greater than 0% and less than 100%. Similarly, the curve
Eponymous archon was responsible for the civic religious arrangements. After 508 BC the offices were held for only a single year, and the year was named after the archon eponymous. The year ran from July to June. The archon eponymous was the chief archon, and presided over meetings of the Boule and Ecclesia, the ancient Athenian assemblies. The archon eponymous remained the titular head of state even under the democracy, though with much reduced political importance. Under the reforms of Solon, himself archon eponymous in 594 BC, there was a brief period when the number of archons rose to ten. After 457