Tax Rate (%) 100 T5 TA A T3 B T D T E 0 R R2 R3 C Tax Revenue ($) Refer to the Laffer Curve. A cut in the tax rate from T5 to T4 would O increase tax revenues and support the views of mainstream economists. increase tax revenues and support the views of supply-side economists. decrease tax revenues and support the views of supply-side economists. decrease tax revenues and support the views of mainstream economists