Laffer curve
/ˈlæfə(r)/noun
- Economics a supposed relationship between economic activity and the rate of taxation which suggests that there is an optimum tax rate which maximizes tax revenue【经济】拉弗曲线(经济活动和税率之间的一种假设性关系, 表明存在着一种能使税收最大化的最佳税率)。
词源
1970s: named after Arthur Laffer (born 1942), American economist.