Optimal tax the optimum. Stipulating this condition results in the following formula for the optimal top tax rate, if incomes are Pareto distributed: formula_1 where: Empirical estimation of the parameters of this equation suggests that the revenue-maximising top tax rate is between approximately 50% and 80%, although this estimate neglects long-run behavioural responses, which would imply higher elasticities and a lower optimal tax rate. Saez's analysis can also be generalised to tax rates other than the top rate. In the late 1970s, Arthur Laffer developed the Laffer curve, which demonstrates that there are two effects of changing tax rates: an arithmetic effect—if
Life According to Ohad cages, refusing to leave. The activists remain until after sunrise, until eventually Ohad is cut loose and the truck must return to its original location to due legalities about keeping farmed animals exposed for a long period of time. The film ends with Ohad and his love-interest curled up together outside the scene, falling asleep. Life According to Ohad Life According to Ohad (Hebrew: החיים על פי אוהד "Hachaim al pi Ohad") is a 2014 Israeli biographical documentary about a vegan animal-rights activist named Ohad Cohen. The film highlights Ohad's struggle to reconnect with his family after separating from them