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Reaganomics Trickled Down to Basics - Georgetown Law
Thus, the Laffer Curve may be a victim of misinterpretation or oversimplification. It should be noted, despite skepticism of this theory, the U.S. tax regime acknowledges an “effective level” of taxation, where revenues are maximized without altering individual behavior implying there is a general acceptance that a tax cut may actually ...
About the Laffer Curve | The Laffer Center
The Laffer Curve is one of the main theoretical constructs of supply-side economics, and is often used as a shorthand to sum up the entire pro-growth world view of supply-side economics. However, the Laffer Curve itself simply illustrates the tradeoff between tax rates and the total tax revenues actually collected by the government. The Early ...
How the Ideal Tax Rate Is Determined: The Laffer Curve - Investopedia
The Laffer Curve is a tax theory suggesting an inverted U-shaped relationship between tax rates and the amount of tax revenue collected by governments. The ideal, or optimal, rate of taxation for ...
The notorious "Laffer Curve" explained - The Washington Post
The "Laffer Curve,” which suggests lowering tax rates might increase tax revenue, shows that ideas can have consequences even when experts ridicule them.
Tax Revenue versus Tax Rates: A Discussion of the Laffer Curve
Laffer describes the curve as illustrating two effects of tax rates on tax revenues.3 The first effect is the arithmetic effect, the increase (decrease) in tax revenues that results from an increase (decrease) in the tax rate. The second–and much more controversial–effect is the
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