According to supply-side economic theory, a decrease in tax rates for high-income individuals could actually cause an increase in tax revenue.

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According to supply-side economic theory, a decrease in tax rates for high-income individuals could stimulate economic growth and investment, which could ultimately result in an increase in tax revenue through increased economic activity and higher incomes for individuals. This is known as the Laffer Curve effect. However, the extent to which this actually occurs is a matter of debate and has not been consistently demonstrated in practice.

According to Supply-Side Economic Theory, a Decrease in Tax Rates