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And yet tax receipts locally will be up.


And less private spending and investment by these corporations and their shareholders. The optimal size of government spending, as a percentage of GDP, for economic growth, is likely well below 25%, and significantly lower than the level in every OECD country, so to the extent that this enables increases in government spending, it will likely hurt economic growth:

https://web.archive.org/web/20170821004405/http://ime.bg/upl...




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