What is the lowest possible tax rate that india could have

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Reference no: EM133363872

Question: The Boss wants to consider whether, in the long run, it will be possible to lower the tax rate. What is the lowest possible tax rate that India could have while still collecting enough revenue to cover the cost of the program in steady-state? Enter your answer in percentage points (e.g.10 would be 10%). Round your answer to 2 decimal places.

Reference no: EM133363872

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