The Laffer Curve

GPTKB entity

Statements (58)
Predicate Object
gptkbp:instance_of gptkb:economic_analysis
gptkbp:can_lead_to increased economic growth under certain conditions
gptkbp:can_vary_based_on economic conditions
gptkbp:concept supply-side economics
has evolved over time
controversial policy decisions
widely discussed in policy circles.
gptkbp:depicts relationship between tax rates and tax revenue
the potential downsides of high taxation
gptkbp:has_been_used_to_justify tax reductions
gptkbp:has_implications_for government revenue
https://www.w3.org/2000/01/rdf-schema#label The Laffer Curve
gptkbp:illustrated_by various textbooks
gptkbp:is_a_concept_that_can_influence voter perceptions of tax policy
gptkbp:is_a_framework_for the relationship between taxation and economic activity
gptkbp:is_a_graphical_representation_of tax revenue as a function of tax rates
gptkbp:is_a_key_component_of supply-side economic arguments
gptkbp:is_a_model_that_can_help_explain the effects of taxation on investment decisions
gptkbp:is_a_subject_of economic research
academic debate
gptkbp:is_a_tool_for analyzing fiscal policy
gptkbp:is_affected_by tax evasion rates
gptkbp:is_analyzed_in the effects of taxation on behavior
gptkbp:is_applied_in various types of taxes
gptkbp:is_associated_with gptkb:tax_cuts
gptkbp:is_cited_in income inequality
political arguments
gptkbp:is_criticized_for oversimplifying tax policy
gptkbp:is_debated_in economists
gptkbp:is_discussed_in economic literature
gptkbp:is_fundamental_to taxation theory
gptkbp:is_linked_to supply-side policies
gptkbp:is_named_after_arthur_laffer_who first illustrated it in the 1970s
gptkbp:is_often_depicted_as a graph
gptkbp:is_often_discussed_in economic growth theories
gptkbp:is_often_referenced_in gptkb:political_speeches
discussions about tax reform
gptkbp:is_often_seen_in the general public
gptkbp:is_part_of economic policy debates
gptkbp:is_recommended_by there is an optimal tax rate
gptkbp:is_related_to incentives for work and investment
gptkbp:is_relevant_to public finance
government budget deficits
gptkbp:is_sometimes_misapplied_in policy discussions
gptkbp:is_sometimes_oversimplified_in media discussions
gptkbp:is_sometimes_used_to_argue_for lower taxes on the wealthy
gptkbp:is_sometimes_used_to_explain the effects of tax policy on labor supply
gptkbp:is_sometimes_used_to_justify tax incentives
gptkbp:is_sometimes_used_to_support supply-side economic policies
gptkbp:is_used_in tax policy discussions
gptkbp:key_concept fiscal policy analysis
gptkbp:model illustrates the trade-off between tax rates and revenue
gptkbp:named_after gptkb:Arthur_Laffer
gptkbp:proposed_by gptkb:Arthur_Laffer
gptkbp:shows_that increasing tax rates can lead to decreased revenue at a certain point
gptkbp:theory has implications for tax compliance
gptkbp:bfsParent gptkb:Arthur_Laffer
gptkbp:bfsLayer 5