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Following the argument of Laffer, which statement best summarizes the idea of cutting income tax rates and increasing tax revenue? Question 3 options: A This

Following the argument of Laffer, which statement best summarizes the idea of cutting income tax rates and increasing tax revenue? Question 3 options: A This argument is valid only for the United States but not for other countries. B This argument is valid for all countries that have income taxes. C This argument is valid for most countries but not the United States. D The argument is valid for any country that has very high marginal tax rates

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