- the Laffer Curve
- the Laffer Curve UK US noun [S]► ECONOMICS, GOVERNMENT the theory that if a country's tax rates are low, the amount of money collected by the government will increase, because companies will be encouraged to invest and do business in that country: »
According to the Laffer Curve, lower tax rates change people's economic behavior and stimulate economic growth.
Financial and business terms. 2012.
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Laffer curve — In economics, the Laffer curve is used to illustrate the idea that increases in the rate of taxation may sometimes decrease tax revenue. Since a 100 percent income tax will generate no revenue (as citizens will have no incentive to work), the… … Wikipedia
Laffer Curve — Invented by Arthur Laffer, this curve shows the relationship between tax rates and tax revenue collected by governments. The chart below shows the Laffer Curve: The curve suggests that, as taxes increase from low levels, tax revenue collected by… … Investment dictionary
Laffer curve — A curve conjecturing that economic output will increase if marginal tax rates are cut. Named after economist Arthur Laffer. Bloomberg Financial Dictionary * * * Laffer curve Laf‧fer curve [ˈlæfə ˌkɜːv ǁ fər ˌkɜːrv] noun ECONOMICS the idea… … Financial and business terms
Laffer curve — [ lafə] noun Economics a supposed relationship between economic activity and the rate of taxation which suggests that there is an optimum tax rate which maximizes revenue. Origin 1970s: named after the American economist Arthur Laffer … English new terms dictionary
Laffer curve — / læfə kɜ:v/ noun a chart showing that cuts in tax rates increase output in the economy. Alternatively, increases in tax rates initially produce more revenue and then less as the economy slows down … Dictionary of banking and finance
Laffer curve — noun 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 • Hypernyms: ↑graph, ↑graphical record … Useful english dictionary
Laffer-Theorem — Laffer Kurve. Der Scheitelpunkt der Parabel ist rein hypothetisch. Die Laffer Kurve (ca. 1974) beschreibt einen nach dem Ökonomen Arthur B. Laffer benannten Zusammenhang zwischen Steuersatz und Steuereinnahmen. Die Idee tauchte bereits in… … Deutsch Wikipedia
Laffer — may refer to: * laffer, Variety slang for a comedy movie [http://tenser.typepad.com/tenser said the tensor/2006/10/the variety er.html] * Arthur Laffer, US economist who developed the Laffer curve … Wikipedia
Laffer-Kurve — Symbolische Darstellung der Laffer Kurve Die Laffer Kurve beschreibt einen nach dem Ökonomen Arthur B. Laffer (ca. 1974) benannten Zusammenhang zwischen Steuersatz und Steuereinnahmen. Die Idee tauchte bereits in Jonathan Swifts Steuereinmaleins… … Deutsch Wikipedia
Laffer, Arthur B. — ▪ American economist in full Arthur Betz Laffer born August 14, 1940, Youngstown, Ohio, U.S. American economist who propounded the idea that lowering tax rates could result in higher revenues. His theory on taxes influenced U.S. economic… … Universalium