nach der Bestellung gedruckt Neuware - Printed after ordering - What is the maximum possible average tax rate before tax revenue begins to decline This is described by the Laffer Curve. On a chart where the 'x' axis is the average tax rate and the 'y' axis is the total tax revenue, you can draw an upside down curve that has a peak at some point. Past that point, tax revenue declines. There is no dispute among economists about the correctness of this theory. The dispute among economists is whether the Laffer Curve exists in practice. This book estimates a mathematical formula for the Laffer Curve, and with that, estimates the maximum possible average tax rate for the USA at a certain date. This information is very useful for policy purposes.

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Bibliographic Details

Title: The Laffer Curve
Publisher: Tim Walshaw
Publication Date: 2020
Language: English
ISBN 10: 0648768910
ISBN 13: 9780648768913
Binding: Buch
Condition: Neu
Dimensions: 235 millimeters width by 157 millimeters height by 9 millimeters depth
Weight: 263 grams

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Synopsis

What is the maximum possible average tax rate before tax revenue begins to decline? This is described by the Laffer Curve. On a chart where the 'x' axis is the average tax rate and the 'y' axis is the total tax revenue, you can draw an upside down curve that has a peak at some point. Past that point, tax revenue declines. There is no dispute among economists about the correctness of this theory. The dispute among economists is whether the Laffer Curve exists in practice. This book estimates a mathematical formula for the Laffer Curve, and with that, estimates the maximum possible average tax rate for the USA at a certain date. This information is very useful for policy purposes.

About the Author

Author of the books "Taxing Economic Rents 2nd ed", "Economic Rents, the Hidden Profit" and "Increasing Returns to Scale". Also "Double Entry Bookkeeping".

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