Answer:
An increase in tax rate raises more revenue than is lost to offsetting worker and investor behavior
Explanation:
Increasing rates beyond T* however would cause people not to work as much or not at all, thereby reducing total tax revenue
p := FIRST(L);
while p <> END(L) do begin
q := p;
while q <> END(L) do begin
q := NEXT(q, L);
r := FIRST(L);
while r <> q do
r := NEXT(r, L)
end;
p := NEXT(p, L)
statement........................
