Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,517,579,580 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Laffer curve

   Also found in: Financial, Wikipedia 0.09 sec.
Laf·fer curve or Laf·fer Curve  (lfr)
n.
A curved graph that illustrates the theory that, if tax rates rise beyond a certain level, they discourage economic growth, thereby reducing government revenues.
[After Arthur Laffer (born 1940), American economist.]
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.Laffer curve - a graph purporting to show the relation between tax rates and government income; income increases as tax rates increase up to an optimum beyond which income declines
graph, graphical record - a visual representation of the relations between certain quantities plotted with reference to a set of axes


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
But it makes sense if you consider the Laffer Curve effect.
Are things looking up? by Crumpley, Charles / Los Angeles Business Journal
Hong Kong is an almost perfect example of the Laffer Curve in action--low tax rates generate high rates of real economic growth, leading to increased revenues which can be used for social welfare while maintaining low tax rates.
25 years ago in reason by Reason
Irving Kristol's protege Jude Wanniski, the godfather of supply-side economics, used an AEI fellowship to write his 1978 book The Way the World Works, which promoted the dubious Laffer Curve, and its purported proof that tax cuts lead to more net government revenue.
In the tank: the intellectual decline of AEI by Wallace-Wells, Benjamin / Washington Monthly
More results
 
Dictionary/thesaurus browser? ? Full browser
 
 
Dictionary, Thesaurus, and Translations
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.