Question
Which of the following are consistent with the Laffer Curve? When the JFK taxes cuts lowered the top Federal Marginal rate from 91% to 77%,
Which of the following are consistent with the Laffer Curve?
When the JFK taxes cuts lowered the top Federal Marginal rate from 91% to 77%, the tax revenues from the federal government went up.
Increasing marginal tax rates will always increase tax revenues.
Decreasing marginal tax rates will always increase tax revenues.
Decreasing marginal tax rates will always decrease tax revenues.
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Management and Cost Accounting
Authors: Colin Drury
10th edition
1473748873, 9781473748910 , 1473748917, 978-1473748873
