Laffer Curve Hear it!

Laffer Curve definition - finance
A key underpinning of supply-side economics that says that tax cuts produce non-inflationary economic growth and increase productivity. The theory derives its name from economist Arthur Laffer.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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