laffer curve

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Definitions from WordNet

Noun laffer curve has 1 sense

Laffer curve - 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
--₁ is a kind of graph, graphical record

Definitions from the Web

Laffer Curve

The Laffer Curve is a theoretical concept in economics that illustrates the relationship between tax rates and government revenue. It suggests that there exists an optimal tax rate that maximizes revenue before exceeding it starts to decrease revenue.

Examples:

Noun: The economist explained the Laffer Curve to the students, showing how it visually represents tax policy decisions.

Verb: The government decided to laffer curve its tax policy by gradually reducing tax rates in order to stimulate economic growth.

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