The Laffer curve is the relationship between

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The Laffer curve shows the relationship between the tax rate and the amount of tax revenue collected by the government. It suggests that at very high tax rates, people may be discouraged from working or investing, and therefore overall tax revenues may actually decrease. The curve is often used to argue for lower tax rates, as it suggests that there may be a point beyond which higher tax rates do not necessarily mean higher tax revenues.

The Laffer Curve Is the Relationship Between