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
From each according to his ability, to each according to his needs complete paragraph containing Marx's statement of the creed in the "Critique of the Gotha Program" is as follows: Although Marx is popularly thought of as the originator of the phrase, the slogan was common within the socialist movement. For example, it was used by August Becker in 1844 and Louis Blanc in 1851. The origin of this phrasing has also been attributed to the French utopian Étienne-Gabriel Morelly, who proposed in his 1755 "Code of Nature" "Sacred and Fundamental Laws that would tear out the roots of vice and of all the evils of a society", including: A similar phrase