Laffer curve
(redirected from Taxable income elasticity)

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Laf·fer curve or Laf·fer Curve (l

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.]

Laffer curve [ˈlæfə]

(Economics) Economics a curve on a graph showing government tax revenue plotted against percentage tax rates. It has been used to show that a cut in a high tax rate can increase government revenue

[named after Arthur Laffer (born 1940), US economist]

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Noun

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

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Arthur Laffer graph graphical record Laffer Voodoo economics			Literature The original papers in the taxable income elasticity literature argue that income can be responsive to taxes even if saving and labor supply are relatively unresponsive (Lindsey 1987; Feldstein 1995). Innovation and the long-run elasticity of total taxable income by Russo, Benjamin / Southern Economic Journal 2) Note, though, that (as has been argued in the taxable income elasticity literature, including my own work) both avoidance and wealth accumulation channels entail similar short-term efficiency costs, although the longer-term implications are likely very different. Estate taxation by Kopczuk, Wojciech / NBER Reporter However, taxpayers were apparently much more responsive to tax rate changes in 1979 than 1991, because Long and Gwartney concluded that in 1979, the taxable income elasticity with respect to the marginal tax rate was probably in the -0. The impact of marginal tax rates on taxable income: evidence from ... by Long, James E. / Southern Economic Journal			tax liability tax lien tax loss tax payer tax policy tax program tax rate tax rebate tax relief tax return tax revenue tax shelter tax system tax write-off tax year tax- tax-deductible tax-deferred tax-exempt tax-exempt security tax-free tax-increase taxa taxability taxable Taxable income elasticity Taxaceae taxaceous Taxales Taxaspidean taxation taxation system Taxco Taxel taxeme Taxeopoda Taxer taxes Taxgatherer taxi taxi dancer taxi dancing taxi driver taxi fare taxi rank taxi squad taxi stand taxi strip taxi truck taxi- taxi-man			Taxa interbancaria Taxa interna de retorno Taxa pe Valoare Adaugata Taxa-Fauna-Flora taxability taxable taxable taxable taxable taxable Taxable acquisition Taxable Acquisitions Taxable Bond Taxable Bonds Taxable Bracket Taxable Brackets Taxable Equivalent Taxable Equivalent Basis Taxable equivalent yield Taxable equivalent yield Taxable Equivalent Yields Taxable estate Taxable Estates Taxable event Taxable Events Taxable Gain Taxable Gains Taxable income Taxable income Taxable income Taxable income elasticity Taxable Incomes Taxable Incomes Taxable Item Taxable municipal bond Taxable Municipal Bonds Taxable Paid-Up Capital Taxable Person Taxable Persons Taxable REIT Subsidiary Taxable Sales Deflator Index Taxable Securities Taxable Security Taxable Situs Taxable transaction Taxable transaction Taxable Transactions Taxable U.S. Domestic Corporation Taxable Value Taxable Value Taxable Value Taxable Values Taxable Values Taxable Values Taxable Wage Base Taxable year Taxable year Taxable Years Taxable Years Taxable-Equivalent Yield Taxable-Equivalent Yields

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Laffer curve (redirected from Taxable income elasticity)

Laffer curve
(redirected from Taxable income elasticity)