The Trump megabill will give the top 1 percent tax cuts totaling $1.02 trillion over the next decade. For comparison, the ...

The Laffer Curve represents an inverted U-shape, illustrating the relationship between tax rates and government revenue. The ideal tax rate lies at the peak of the curve—neither too high nor too ...

President Donald Trump has described Arthur Laffer’s back-of-the-napkin theory that lower income taxes can boost revenue as the stuff of legend.

The Laffer curve itself doesn't say whether a tax cut will raise or lower revenue. Revenue responses to a tax-rate change will depend upon the tax system in place, prevalence of legal and ...

Widespread falls in hiring and increases in redundancies are a textbook demonstration of how tax can destroy economic ...