Homework answers / question archive / Arthur Laffer argued through the Laffer Curve that excessive income tax rates reduced revenue by discouraging work

Arthur Laffer argued through the Laffer Curve that excessive income tax rates reduced revenue by discouraging work

Economics

Share With

Arthur Laffer argued through the Laffer Curve that excessive income tax rates reduced revenue by discouraging work. Milton Friedman expresses ambivalence toward such supply-side economics. What lessons did you learn from this?