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LAFFER CURVE

Pronunciation (US):

• LAFFER CURVE (noun)
The noun LAFFER CURVE has 1 sense:

1. 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

Familiarity information: LAFFER CURVE used as a noun is very rare.

• LAFFER CURVE (noun)

Sense 1

Laffer curve ^{[BACK TO TOP]}

Meaning:

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

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("Laffer curve" is a kind of...):

graph; graphical record (a visual representation of the relations between certain quantities plotted with reference to a set of axes)

"Don't bite the hand that feeds you."
(English proverb)
"The drunk ones will sober up, but the mad ones will not clever up"
(Breton proverb)
"One day is for us, and the other is against us."
(Arabic proverb)
"He who leaves and then returns, had a good trip."
(Corsican proverb)

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