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
According to Greta Kevin Chambers's home on Ocean Pathway in Ocean Grove was leased for the film production. Chambers had moved out of his home while the film crew rearranged and completed filming there. On October 13, 2007, film crews shut down the train station in Bradley Beach for shooting. The film finished full production in mid November 2007. Later in May 2008 scenes were re-shot. The film name was changed to "According to Greta" for the US release, although shown earlier as "Greta" in an L.A. screening. "According to Greta" had a limited release in theatres across the United States on December