But it means sensible levels of taxation.
Different drugs would command different levels of taxation and regulation.
There are three levels of taxation in Spain.
In 1820 the Turkish overlords demanded extra levels of taxation.
Anecdotal evidence suggests that tax morale diminishes with income and with levels of taxation.
In the UK voters, seek US levels of taxation and European public services.
Such unprecedented levels of taxation would throw up hurdles to entrepreneurship, family formation and upward mobility.
Russia cannot afford the social spending we had before; it would require impossible levels of taxation.
Of course, overall levels of taxation don't necessarily tell you how heavily particular individuals and families are taxed.
Be it levels of taxation, social policy or transi tion and development economics, the current mantra is "institutions matter".
This is, as usual, against the background of the prevailing view in this country that we should have Scandinavian levels of public service while enjoying US levels of taxation – or, in the extreme rightwing Brexiters' case, Singaporean levels of taxation.
