Laffer curve Laffer curve In economics, the Laffer curve illustrates a theoretical relationship between rates of taxation and the resulting levels of government revenue. It illustrates the concept of taxable income elasticity—i.e., taxable income changes in response to changes in the rate of taxation. The Laffer curve assumes that no tax revenue is raised at the extreme tax rates of 0% and 100%, and that there is a rate between 0% and 100% that maximizes government taxation revenue. The Laffer curve is typically represented as a graph that starts at 0% tax with zero revenue, rises to a maximum rate of revenue
Arthur Laffer children's books along with Michelle A. Balconi. In 2014 they co-wrote "Let’s Chat About Economics." The second title in the series, "Let’s Chat About Democracy", released in late 2017. Laffer also regularly writes opinion articles in "The Wall Street Journal" and "The Washington Times". The following is a partial list of publications written primarily by Laffer, with co-authors indicated, in order by date: Arthur Laffer Arthur Betz Laffer (; born August 14, 1940) is an American economist who first gained prominence during the Reagan administration as a member of Reagan's Economic Policy Advisory Board (1981–89). Laffer is best known for