Asked by Margot Rochester on May 08, 2024

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According to supply-side economists,when operating in the upper portion of the Laffer curve,tax cuts result in __________.

Supply-Side Economists

Economists who believe that reducing taxes and decreasing regulation will lead to an increase in production and economic growth.

Laffer Curve

A theoretical representation showing the relationship between tax rates and the amount of tax revenue collected by governments.

Tax Cuts

Reductions in the amount of taxes imposed by the government, often to stimulate economic growth or increase disposable income.

  • Gain an understanding of the Laffer curve concept and its impact on taxation strategies and public revenue.
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ER
Emili RivasMay 12, 2024
Final Answer :
tax revenue increases