What is the revenue maximizing tax rate?

Anything above 25% starts impacting revenue and potentially causing equilibrium.

25% is the magic number. Run simulations and you will see.
 
Good point. Here in California state income taxes and sales taxes have doubled since the 1950s, and gasoline taxes have quadrupled.


Quote from MKTrader:

One thing that often gets ignored in these discussions are non-income tax increases over the years. For example, increases in gasoline/tobacco taxes (astronomically higher than in the 1950s), alcohol, property taxes, state tax rates (doubled in my lifetime in some places), etc.
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