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gptkbp:instance_of
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gptkb:economic_analysis
|
|
gptkbp:can_lead_to
|
increased tax revenue at certain rates
|
|
gptkbp:concept
|
public finance
historical significance in economics.
misunderstood by the public
misapplied in practice
|
|
gptkbp:depicts
|
a curve on a graph
relationship between tax rates and tax revenue
|
|
gptkbp:has_implications_for
|
government revenue
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Laffer Curve
|
|
gptkbp:illustrated_by
|
two axes: tax rate and tax revenue
a bell-shaped curve
|
|
gptkbp:influence
|
gptkb:tax_policy
|
|
gptkbp:is_a_foundation_for
|
taxation theory
|
|
gptkbp:is_a_framework_for
|
taxpayer behavior
|
|
gptkbp:is_a_key_component_of
|
fiscal conservatism
|
|
gptkbp:is_a_principle_that_can_be
|
applied to various tax systems
|
|
gptkbp:is_a_significant_idea_in
|
modern economics
|
|
gptkbp:is_a_subject_of
|
gptkb:academic_research
gptkb:controversy
policy analysis
|
|
gptkbp:is_a_theoretical_model_for
|
understanding taxation effects
|
|
gptkbp:is_a_tool_for
|
analyzing tax effects
|
|
gptkbp:is_affected_by
|
economic conditions
|
|
gptkbp:is_analyzed_in
|
case studies
|
|
gptkbp:is_applied_in
|
different types of taxes
|
|
gptkbp:is_associated_with
|
supply-side economics
|
|
gptkbp:is_based_on_the_idea_that
|
higher tax rates can discourage income generation
|
|
gptkbp:is_cited_in
|
policy proposals
|
|
gptkbp:is_criticized_for
|
some economists
|
|
gptkbp:is_debated_in
|
economic circles
|
|
gptkbp:is_discussed_in
|
textbooks on economics
|
|
gptkbp:is_linked_to
|
the concept of tax elasticity
|
|
gptkbp:is_often_discussed_in
|
economic incentives
|
|
gptkbp:is_often_referenced_in
|
gptkb:political_debates
economic policy debates
|
|
gptkbp:is_often_seen_in
|
the concept of tax evasion
|
|
gptkbp:is_often_used_to_argue_against
|
high tax rates
|
|
gptkbp:is_part_of
|
economic theory discussions
|
|
gptkbp:is_recommended_by
|
there is an optimal tax rate
|
|
gptkbp:is_related_to
|
incentives for work and investment
|
|
gptkbp:is_relevant_to
|
fiscal policy
economic growth theories
government budget planning
|
|
gptkbp:is_sometimes_misinterpreted_as
|
justifying any tax cut
|
|
gptkbp:is_sometimes_oversimplified_in
|
public discussions
|
|
gptkbp:is_sometimes_oversold_as
|
a panacea for tax issues
|
|
gptkbp:is_sometimes_used_to_explain
|
the effects of tax changes on revenue
|
|
gptkbp:is_sometimes_used_to_illustrate
|
the trade-off between tax rates and revenue
|
|
gptkbp:is_sometimes_used_to_justify
|
deficit spending
|
|
gptkbp:is_used_in
|
tax policy discussions
|
|
gptkbp:is_used_to_argue_for
|
gptkb:tax_cuts
|
|
gptkbp:key_concept
|
supply-side economics theory
|
|
gptkbp:model
|
taxpayer responses to taxation
|
|
gptkbp:named_after
|
gptkb:Arthur_Laffer
|
|
gptkbp:proposed_by
|
gptkb:Arthur_Laffer
|
|
gptkbp:provides_support_for
|
lowering tax rates
|
|
gptkbp:bfsParent
|
gptkb:Arthur_Laffer
|
|
gptkbp:bfsLayer
|
5
|