The document discusses tax rates and tax revenue using a Laffer curve. It shows that tax revenue increases with tax rates up to an optimal rate, after which further tax hikes lower revenue. The document compares the tax rates and revenues under President Bush and a proposed hike under President Obama.
The document discusses tax rates and tax revenue using a Laffer curve. It shows that tax revenue increases with tax rates up to an optimal rate, after which further tax hikes lower revenue. The document compares the tax rates and revenues under President Bush and a proposed hike under President Obama.
The document discusses tax rates and tax revenue using a Laffer curve. It shows that tax revenue increases with tax rates up to an optimal rate, after which further tax hikes lower revenue. The document compares the tax rates and revenues under President Bush and a proposed hike under President Obama.