HyperDic: laffer_curve

English > 1 sense of the expression Laffer curve:
NOUNcommunicationLaffer curvea graph purporting to show the relation between tax rates and government income
English > Laffer curve: 1 sense > noun 1, communication
MeaningA 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.
Broadergraph, graphical record, graphical recordingA visual representation of the relations between certain quantities plotted with reference to a set of axes
CatalanCorba de Laffer

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