The Laffer Curve illustrates the relationship between

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The Laffer Curve shows the relationship between income tax rates and tax revenue raised by the government. As tax rates increase, there comes a point where people are disincentivized to work or invest, resulting in lower economic activity and ultimately lower tax revenue for the government. This is the point where the Laffer Curve peaks, and further increases in tax rates would actually lead to lower tax revenue.

The Laffer Curve Illustrates the Relationship Between