[Gllug] VACANCY: Junior Systems Support

David Damerell damerell at chiark.greenend.org.uk
Wed Sep 9 17:05:56 UTC 2009


On Wednesday, 9 Sep 2009, Christopher Hunter wrote:
>I remember my brother (when doing his Economics Degree) ran a simulation
>that was used by the government to model the British economy.  He
>experimented with various rates of income tax, and (at the time)
>discovered that he radically increase the overall tax receipts by
>setting a zero rate of income tax, and increasing VAT to 22%!  

So it must be true! Such a simulation is always perfectly accurate,
especially when you try it with extreme cases which it was not really
designed for.

-- 
David Damerell <damerell at chiark.greenend.org.uk> Oil is for sissies
Yesterday was Brieday, August.
Today is Gouday, August.
Tomorrow will be Chedday, August.
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