What is another word for Laffer Curve?

Pronunciation: [lˈafə kˈɜːv] (IPA)

The Laffer Curve is a widely debated economic theory that indicates the relationship between tax rates and government revenue. However, there are some alternative terms that can be used to describe this phenomenon. One such synonym is the revenue-maximizing tax rate, which highlights the idea that there is a threshold beyond which raising tax rates could reduce revenue. Similarly, the peak of the Laffer Curve can also be referred to as the optimal tax rate, which represents the point where government income is highest. Other terms that may be used include the taxation saturation point, tax elasticity, and tax revenue potential. Regardless of the terminology, the Laffer Curve remains a significant concept in economics and has influenced taxation policies around the world.

Synonyms for Laffer curve:

What are the hypernyms for Laffer curve?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Laffer curve

  • Economics Teacher In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the... Anyone Anyone... the Great Depression, passed the... Anyone Anyone The tariff bill The Hawley-Smoot Tariff Act Which, anyone Raised or lowered... raised tariffs, in an effort to collect more revenue for the federal government. Did it work Anyone Anyone know the effects It did not work, and the United States sank deeper into the Great Depression. Today we have a similar debate over this. Anyone know what this is Class Anyone Anyone Anyone seen this before The Laffer Curve. Anyone know what this says It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980 Anyone Something-d-o-o economics. Voodoo economics.
    Ferris Bueller's Day Off

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