| 单词 | Laffer curve |
| 释义 | Laffer curve /laf"euhr/, Econ. a relationship postulated between tax rates and tax receipts indicating that rates above a certain level actually produce less revenue because they discourage taxable endeavors and vice versa. [1975-80; named after Arthur Laffer (born 1940), U.S. economist, who postulated it] |
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