Laffer curve - Meaning in Tamil
laffer curve - Meaning in Tamil
Definitions and Meaning of Laffer curve in English
Laffer curve noun
- a graph purporting to show the relation between tax rates and government income; income increases as tax rates increase up to an optimum beyond which income declines
Description
In economics, the Laffer curve illustrates a theoretical relationship between rates of taxation and the resulting levels of the government's tax revenue. The Laffer curve assumes that no tax revenue is raised at the extreme tax rates of 0% and 100%, meaning that there is a tax rate between 0% and 100% that maximizes government tax revenue.
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What is Laffer curve meaning in Tamil?
The word or phrase Laffer curve refers to a graph purporting to show the relation between tax rates and government income; income increases as tax rates increase up to an optimum beyond which income declines. See Laffer curve meaning in Tamil, Laffer curve definition, translation and meaning of Laffer curve in Tamil. Learn and practice the pronunciation of Laffer curve. Find the answer of what is the meaning of Laffer curve in Tamil.
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What is Laffer curve meaning in Tamil, Laffer curve translation in Tamil, Laffer curve definition, pronunciations and examples of Laffer curve in Tamil.
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