laffer curve in English

noun
1
a supposed relationship between economic activity and the rate of taxation that suggests the existence of an optimum tax rate that maximizes tax revenue.
The theory of supply side economics and the Laffer curve drove federal marginal tax rates from 91% in 1963 down to 28% when Ronald Reagan left office.

Use "laffer curve" in a sentence

Below are sample sentences containing the word "laffer curve" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "laffer curve", or refer to the context using the word "laffer curve" in the English Dictionary.

1. The Laffer Curve. In the 1970s the young economist Arthur Laffer proposed a wild idea.

2. It seems to me there is a Laffer curve for government power, just as for tax revenues.

3. For example, economist John Kenneth Galbraith believed that the Reagan administration actively used the Laffer curve "to lower taxes on the affluent".

4. Public goods that can be offered are the amount limited by the maximal tax revenue implied in laffer curve.

5. Athur Laffer Curve indicates that tax rate influence not only the tax, but also the output and economy growth.

6. It is almost tempting to use as an analogy the Laffer Curve, which was popular for a while in so-called Reaganomics .

7. Nevertheless, the Laffer Curve is the idea that if you tax people at zero percent, the state suffers because it doesnt get any revenue.

8. Economist Paul Pecorino presented a model in 1995 that predicted the peak of the Laffer curve occurred at tax rates around 65%.

9. He maintained that the Laffer curve was not to be taken literally—at least not in the economic environment of the 1980s United States.

10. The smaller the deficit that needs to be financed by debt, the more the monetary authorities are on the upward sloping portion of the Laffer curve and accept inflation.

11. Based on the regeneration rule of fishery resources, this paper advances the Ecological Laffer Curve(ELC) model and applies the model to the analysis of a sustainable use of public fishery resources. Sentencedict.com

12. But Reaganomics introduced the idea that virtually any tax cut would so stimulate growth that the government would end up taking in more revenue in the end (the so-called Laffer curve).