laffer curve

1. 1.

   a graph purporting to show the relation between tax rates and government income; income increases as tax rates increase up to an optimum beyond which income declines

   Broadergraph

Questions about laffer curve

What does laffer curve mean?

laffer curve means "a graph purporting to show the relation between tax rates and government income; income increases as tax rates increase up to an optimum beyond which income declines".

Is laffer curve a common word?

laffer curve is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.