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 ...

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 ...

What’s more, many economists believe that the Laffer Curve — which describes the relationship between rates and revenue as a bell curve where higher taxes lead to diminishing collections ...

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

If you don’t know what Net Investment Income Tax (NIIT) is, you’re not alone. This relatively new tax began a little over a decade ago but the number of taxpayers subject to the tax has ...

Excessive tax rate increase on tobacco products can incentivize illicit trade, resulting in lower government revenues, according to a noted American economist. Dr. Arthur Laffer, founder and ...