Laffer curve

(redirected from Taxable income elasticity)
Also found in: Dictionary, Financial.
Graphic Thesaurus  🔍
Display ON
Animation ON
  • noun

Words related to Laffer curve

a graph purporting to show the relation between tax rates and government income

References in periodicals archive ?
Is the taxable income elasticity sufficient to calculate deadweight loss?
The original papers in the taxable income elasticity literature argue that income can be responsive to taxes even if saving and labor supply are relatively unresponsive (Lindsey 1987; Feldstein 1995).
They brought the concept of taxable income elasticity to the fore and showed how it could be measured empirically.
Instead, my goal will be to use those same methods but apply them to different time periods than the familiar tax changes of the 1980s and 1990s, to see how robust the case is for a large taxable income elasticity.
The authors raise the possibility that the base-broadening provisions of TRA86 actually reduced the true taxable income elasticity.
However, taxpayers were apparently much more responsive to tax rate changes in 1979 than 1991, because Long and Gwartney concluded that in 1979, the taxable income elasticity with respect to the marginal tax rate was probably in the -0.