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The Laffer Curve, Part I: Understanding the Theory

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The Laffer Curve charts a relationship between tax rates and tax revenue. While the theory behind the Laffer Curve is widely accepted, the concept has become very controversial because politicians on both sides of the debate exaggerate. This video shows the middle ground between those who claim "all tax cuts pay for themselves" and those who claim tax policy has no impact on economic performance. This video, focusing on the theory of the Laffer Curve, is Part I of a three-part series. Part II reviews evidence of Laffer-Curve responses. Part III discusses how the revenue-estimating process in Washington can be improved. For more information please visit the Center for Freedom and Prosperity's web site: www.freedomandprosperity.org

Category: News
Uploaded: January 28th, 2008 @ 6:11 pm
Author: afq2007

Length: 07:39
Rating: Whole StarWhole StarWhole StarWhole StarHalf Star
Views: 32,211

Tags: carter competition curve harmonization laffer mitchell nixon oecd quinlan reagan tax taxes

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