Explaining the Laffer Curve I A Level and IB Economics

23,954

157 0

Published 2017-01-31

The Laffer Curve concept infers that a tax rate cut could lead to an increase in tax revenue, or a decrease in tax revenue, depending whether you have already passed the ‘optimal tax rate’ (whatever % that may be.)

#aqaeconomics #ibeconomics #edexceleconomics

All Comments (5)

@5retsam 5 years ago

Most people to the left of center think the laffer curve is worth criticizing. Not because the curve does not make interesting arguements in favor of lower taxes, but because it interferes with their agenda of a larger role of government and central planning.
@spanishleadershipcom 5 years ago

congratulations the best analysis
@tutor2u-official 5 years ago

More revision resources on the Laffer Curve can be found here www.tutor2u.net/economics/topics/laffer-curve
@lim2950 5 years ago

Re