Revenge of the Laffer Curve
“…the Laffer Curve simply reveals that higher tax rates will lead to less taxable income (or that lower tax rates will lead to more taxable income) and that it is an empirical matter to figure out the degree to which the change in tax revenue resulting from the shift in the tax rate is offset by the change in tax revenue caused by the shift … [ Read more ]
Content: Multimedia Content | Author: Dan Mitchell | Subjects: Economics, Finance