Meaning Of The Word Laffer curve
What's the definition of Laffer curve? Find Laffer curve meanings, definitions and more at the Real Dictionary online.
Laffer curve Meaning
| Laffer curve Definition |
|---|
What's The Definition Of Laffer curve?
Laffer Curve in American English
a graph illustrating a theory which maintains that increasing tax rates beyond a certain point causes a reduction in government revenues by discouraging production and investment noun: a relationship postulated between tax rates and tax receipts indicating that rates above a certain level actually produce less revenue because they discourage taxable endeavors and vice versa Laffer curve in British English noun: 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 |
More Definitions
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Definitions Of The Day
- Turpentine ‐ the brownish-yellow, sticky, semifluid oleoresin…
- Northwesterner ‐ noun: a native or inhabitant of the…
- Gopi ‐ plural noun: female cowherds, lovers of Krishna…
- Twilight hours ‐ noun: the period in which there occurs soft diffused…
- RRM ‐ abbreviation
- Bear's-foot ‐ noun: either of two Eurasian hellebore plants…
- Fringing reef ‐ a coral reef growing outward from the shore with…
- Hastate ‐ having a triangular shape like a spearhead, as…
- Process heating ‐ noun: Process heating is heating, usually from…
- Lambeth Conference ‐ noun: a convention of the bishops of the Anglican…