1. Home
  2. Dictionary
  3. Laffer Curve

Definition of Laffer Curve in English :

Define Laffer Curve in English

Laffer Curve meaning in English

Meaning of Laffer Curve in English

Pronunciation of Laffer Curve in English

Laffer Curve pronunciation in English

Pronounce Laffer Curve in English

Laffer Curve

see synonyms of laffer curve

Noun

1. laffer curve

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

WordNet Lexical Database for English. Princeton University. 2010.

Laffer Curve

see synonyms of laffer curve
noun
economics
a curve on a graph showing government tax revenue plotted against percentage tax rates. It has been used to show that a cut in a high tax rate can increase government revenue

Collins English Dictionary. Copyright © HarperCollins Publishers

Laffer Curve

see synonyms of laffer curve
[also L- c-]
a graph illustrating a theory which maintains that increasing tax rates beyond a certain point causes a reduction in government revenues by discouraging production and investment

Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.

Laffer Curve

see synonyms of laffer curve
n.
A curved graph that illustrates the theory that, if tax rates rise beyond a certain level, they discourage economic growth, thereby reducing government revenues.

The American Heritage ® Dictionary of the English Language, Fifth Edition copyright ©2018 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

WORD OF THE DAY

knickknack

FIND OUT WHAT IT MEANS

Recent Searches