Description

Overview:

Can the government actually increase tax revenues by cutting tax rates? A lot of politicians - and even some economists - seem to think so. The idea is that the tax cut will spur so much economic growth that tax revenues increase despite the lower rate. It's an idea known to economists as the Laffer Curve. But is that true? EconGuy looks at the numbers, and then at recent U.S. experience with tax cuts, tax increases, and revenues.

Subject:

Economics

Level:

High School, Community College / Lower Division, College / Upper Division

Material Type:

Lecture

Author:

Patrick Walsh

Provider:

Saint Michael's College

Provider Set:

EconGuy Videos

Date Added:

11/29/2013