Laffer

Would the key element of Reaganomics (the Laffer Curve) work today? Experts say NO

The Laffer Curve by Wikipedia In economics, the Laffer curve (sometimes referred to as the Laffer-Khaldun   curve) is a hypothetical representation of the relationship between government revenue raised by taxation and all possible rates of taxation. It is used to illustrate the concept of taxable income elasticity – that taxable income will change in response to changes in the rate of taxation. The Laffer … Continue reading →