Which of the following are constant with the Laffer Curve? When the JFK taxes cuts lowered the
Fantastic news! We've Found the answer you've been seeking!
Question:
Which of the following are constant 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.
Expert Answer:
Posted Date:
