Question
Which of the following are consistent with the Laffer Curve? More than 1 option may apply : When the JFK taxes cuts lowered the top
Which of the following are consistent with the Laffer Curve?
More than 1 option may apply
:
|
| When the JFK taxes cuts lowered the top Federal Marginal rate from 91% to 77%, the tax revenues from the federal government went up. |
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| Increasing marginal tax rates will always increase tax revenues. |
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| Decreasing marginal tax rates will always increase tax revenues. |
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| Decreasing marginal tax rates will always decrease tax revenues. |
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Ibrahim M. Aly, Donald E. Kieso
6th Canadian Edition
1119731828, 9781119731825
