Economics Dictionary of ArgumentsHome
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| Laffer Curve - Economics Dictionary of Arguments | |||
| Laffer curve: The Laffer curve, also known as the Laffer tariff or Laffer hypothesis, is a theory in economics that describes the relationship between the marginal tax rate and the total tax revenue collected by the government. It is a graph that starts at 0% tax with zero revenue, rises to a maximum point, then falls back to zero revenue at 100% tax. The theory suggests that there is an optimal tax rate between 0% and 100% where the government can collect the maximum amount of revenue. See also Taxation._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Saez, Emmanuel | Laffer Curve | Saez, Emmanuel | |
| Zucman, Gabriel | Laffer Curve | Zucman, Gabriel | |
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Ed. Martin Schulz, access date 2024-04-24 | |||
