"The Laffer Curve illustrates the basic idea that changes in tax rates have two effects on tax revenues: the arithmetic effect and the economic effect."

Tax Rates

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About Arthur Laffer

American economist known for contributions to supply-side economics and for the Laffer Curve, which models relationships between tax rates and tax revenue. He has advised political leaders and policy institutions on fiscal and economic strategy. His work has been influential in U.S. tax policy debates.

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