Laffer curve Archives - IREF Europe https://en.irefeurope.org/tag/laffer-curve/ Independent research and policy analysis on fiscal, monetary, and regulatory issues in Europe Mon, 25 Nov 2013 15:53:44 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.2 https://en.irefeurope.org/wp-content/uploads/sites/3/2026/04/IREF-LinkedIn-Profile-DarkBlue-scaled.png Laffer curve Archives - IREF Europe https://en.irefeurope.org/tag/laffer-curve/ 32 32 More Taxes, Less Revenues https://en.irefeurope.org/publications/online-articles/article/more-taxes-less-revenues/?utm_source=rss&utm_medium=rss&utm_campaign=more-taxes-less-revenues https://en.irefeurope.org/publications/online-articles/article/more-taxes-less-revenues/#respond Mon, 25 Nov 2013 15:53:44 +0000 https://en.irefeurope.org/publications/online-articles/more-taxes-less-revenues/ This long-debated concept by policy makers and economists is coming back. That is because the Government believes that prosperity cannot be recovered without a strict “austerity policy”. But it actually means higher taxes only. Yet, the latest concerns of the French National Assembly on a substantial fall of tax revenues for 2013 raise the question again: has France reached the top of Laffer’s curve?

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]]> https://en.irefeurope.org/publications/online-articles/article/more-taxes-less-revenues/feed/ 0 The Laffer Curve https://en.irefeurope.org/topics-glossaire/article/the-laffer-curve/?utm_source=rss&utm_medium=rss&utm_campaign=the-laffer-curve https://en.irefeurope.org/topics-glossaire/article/the-laffer-curve/#respond Mon, 21 Dec 2009 12:16:22 +0000 https://en.irefeurope.org/publications/other-publications/topics-glossaire/the-laffer-curve/ The tale tells that Arthur B. Laffer sketched his famous curve on a napkin during a lunch with Jude Wanniski, Donald Rumsfeld and Dick Cheney. At that time, he surely did not imagine the renown that will follow this day of December 1974. The Laffer curve relates for each tax rate the expected total tax revenues. For low rates, tax rate and tax revenues move in the same way. But, as rates increase, this relation works in the opposite direction: higher tax rate produces smaller tax revenues. Hence, beyond this "maximum tax rate" the disincentive" effect of taxation is overwhelming. Nonetheless, this maximum rate is not empirically defined: it depends on place, time, circumstances, etc. The following file does not pretend to be exhaustive. Its goal is to introduce key arguments about Laffer Curve.

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