Vocab Bloom Hub

laffer curve

/ˈlæfər kɜːrv/

1 entry

Word connections

phrase

/ˈlæfər kɜːrv/C1formalbusiness
  • ruЭкономическая теория, разработанная Артуром Лаффером, которая иллюстрирует взаимосвязь между налоговыми ставками и государственными доходами, предполагая, что существует оптимальная налоговая ставка, максимизирующая доходы без снижения производительности.

An economic theory developed by Arthur Laffer that illustrates the relationship between tax rates and government revenue, suggesting that there is an optimal tax rate that maximizes revenue without discouraging productivity.

  1. Economic theoryC1formal

    A theoretical representation of the relationship between tax rates and government revenue, suggesting that there is an optimal tax rate that maximizes revenue.

    ruКривая Лаффера

    • The Laffer curve illustrates that extremely high tax rates can reduce total tax revenue.
    • Policymakers often debate the shape of the Laffer curve when setting tax policy.
    • According to the Laffer curve, cutting taxes can sometimes increase government income.
Vocab Bloom Hub English dataset · 0.3.1

Inherited terms

Vocabulary data from the Vocab Bloom Hub English dataset (CC BY 4.0), https://huggingface.co/datasets/Fristail27/vocab-bloom-hub-en

Source link

All listed licenses apply

Generated by language models and not human-verified: definitions, examples, levels and translations may contain errors.