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What Is The Optimal Tax Rate Laffer Curve?

January 24, 2024 by Ahmed Ali

What Is The Optimal Tax Rate Laffer Curve? The Laffer Curve is a tax theory suggesting an inverted-U shaped relationship between tax rates and the amount of tax revenue collected by governments. The ideal, or optimal, rate of taxation for an economy is the one that falls right at the top of the inverted-U. What

What Is An Optimal Tax System?

January 24, 2024 by Ahmed Ali

What Is An Optimal Tax System? Optimal tax theory or the theory of optimal taxation is the study of designing and implementing a tax that maximises a social welfare function subject to economic constraints. … The optimization problem involves minimizing the distortions caused by taxation, while achieving desired levels of redistribution and revenue. What are