Friday, January 05, 2007

The Laffer Curve

This article is for my friend Will. Will and I were discussing the Laffer curve, and what it means to have such a high tax rate imposed upon you that it becomes very tempting and worthwhile to do what you can to evade taxes.

The article concerns Bjorn Ulvaeus from the Swedish pop group ABBA:

It's the second incident of alleged unpaid taxes for Ulvaeus, who last year was pursued for $13 million dollars to the STA to pay tax on contracts signed in Sweden prior to his move to the UK in 1984.
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