Optimal tax in his article titled "Using Elasticities to Derive Optimal Income Tax Rates" derives a formula for optimal level of income tax using the both compensated and uncompensated elasticities. Saez writes the tradeoff between equity and efficiency is a central consideration of optimal taxation, and implementing a progressive tax allows the government to reallocate their resources where they are needed most. However, this deters those of higher income levels to work at their optimal level. Saez decomposes the marginal effects of a tax change into mechanical, behavioural and welfare effects, as follows: The sum of these effects should be zero at
Larry Laffer on their list of top "hoes of gaming" and GamesRadar included him among the "13 unluckiest bastards in gaming". In 2013, "Game Informer" called him "one of gaming's more infamous characters, at least among the people who still remember him by name," and "Complex" gave him their "Mr. Thirst" award for the most lustful video game character of all time. Larry made a homage-type cameo appearance in the "" episode "Grand Theft Starship" and was referenced by Charles Stross in "Asimov's Science Fiction". A "lecherous" octopus at the Seattle Aquarium was named after the character. Larry Laffer Larry Laffer is