After Reading This Even Reagan Haters Will Have to Admit the Laffer Curve Works - https://www.richardcyoung.com/politics/taxes-politics/reading-even-reagan-haters-will-admit-laffer-curve-works/ - Dan Mitchell has worked hard to make people understand how lowering the top marginal tax rates during the Reagan administration proved how well the Laffer Curve works. Despite lowering rates, revenues from those making over $200k increased over five-fold from 1980 to 1988, thanks i

After Reading This Even Reagan Haters Will Have to Admit the Laffer Curve Works - https://www.richardcyoung.com/politics/taxes-politics/reading-even-reagan-haters-will-admit-laffer-curve-works/ - Dan Mitchell has worked hard to make people understand how lowering the top marginal tax rates during the Reagan administration proved how well the Laffer Curve works. Despite lowering rates, revenues from those making over $200k increased over five-fold from 1980 to 1988, thanks i

Laffer Curve: Shows the relationship between tax rates and tax revenue collected by governments. As taxes increase, tax revenue collected by the government also increases. It also shows that tax rates increasing after a certain point (T*) would cause people not to work as hard or not at all, thereby reducing tax revenue. Eventually, if tax rates reached 100%, then all people would choose not to work because everything they earned would go to the government. Point T* is the optimal tax rate.

Laffer Curve: Shows the relationship between tax rates and tax revenue collected by governments. As taxes increase, tax revenue collected by the government also increases. It also shows that tax rates increasing after a certain point (T*) would cause people not to work as hard or not at all, thereby reducing tax revenue. Eventually, if tax rates reached 100%, then all people would choose not to work because everything they earned would go to the government. Point T* is the optimal tax rate.

Taxes, Tobacco, and the Laffer Curve | International Liberty

Taxes, Tobacco, and the Laffer Curve

Finding the Sweet Spot... in Tax-Rates

Finding the Sweet Spot… in Tax-Rates

Laffer Curve Explained

Laffer Curve Explained

A Little Laffer Curve Reality Should Guide Republican Tax Reform #Business_ #iNewsPhoto

A Little Laffer Curve Reality Should Guide Republican Tax Reform

A Little Laffer Curve Reality Should Guide Republican Tax Reform #Business_ #iNewsPhoto

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