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Economics A Level

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Pregunta:

What does the Laffer Curve show?

Autor: go kys



Respuesta:

-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


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-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
1 answer(s) in total

Autor

go kys
go kys