Statements (18)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:category |
macroeconomics
|
gptkbp:criticizedFor |
lack of empirical evidence
|
gptkbp:debatedBy |
gptkb:economist
|
gptkbp:demonstrates |
there is an optimal tax rate that maximizes revenue
|
gptkbp:depictedIn |
bell-shaped curve
|
gptkbp:describes |
relationship between tax rates and tax revenue
|
https://www.w3.org/2000/01/rdf-schema#label |
Laffer curve
|
gptkbp:implies |
tax rates above a certain point decrease revenue
tax rates below a certain point increase revenue |
gptkbp:influenced |
gptkb:Reaganomics
|
gptkbp:namedAfter |
gptkb:Arthur_Laffer
|
gptkbp:proposedBy |
1970s
|
gptkbp:relatedTo |
supply-side economics
|
gptkbp:usedIn |
gptkb:government
gptkb:tax_law |
gptkbp:bfsParent |
gptkb:trickle-down_economics
|
gptkbp:bfsLayer |
6
|