Question:
What does the Laffer Curve show?
Author: eric_galvaoAnswer:
-The Curve shows how much Tax Revenue would be Raised as the Tax Rate changes. At 1 Point in the Tax Rate, there would be a Theoretic Maximum Tax Revenue -But usually as Taxes Increase, it will lead to a Decline in Tax Revenue because Less Incentive to Work
0 / 5 Â (0 ratings)
1 answer(s) in total