Laf|fer curve

Laf|fer curve
Laf|fer curve «LAF uhr»,
Economics. a curve showing a correlation between tax rates and economic activity: »

The “Laffer curve”…is a simple parabola, drawn to demonstrate that if the tax rate…rises, so does revenue (Manchester Guardian Weekly).

[Arthur Laffer, an American economist, who devised it]

Useful english dictionary. 2012.

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Look at other dictionaries:

  • Laffer curve — A curve conjecturing that economic output will increase if marginal tax rates are cut. Named after economist Arthur Laffer. Bloomberg Financial Dictionary * * * Laffer curve Laf‧fer curve [ˈlæfə ˌkɜːv ǁ fər ˌkɜːrv] noun ECONOMICS the idea… …   Financial and business terms

  • Laffercurve — Laf·fer curve or Laf·fer Curve (lăfʹər) n. A curved graph that illustrates the theory that, if tax rates rise beyond a certain level, they discourage economic growth, thereby reducing government revenues.   [After Arthur Laffer (born 1940),… …   Universalium

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