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Laffer Curve: Higher Taxes Don’t Necessarily Mean Increased Government Revenues

Laffer Curve: Higher Taxes Don’t Necessarily Mean Increased Government Revenues
American Economist Arthur Laffer speaks about the economy during a panel discussion at the Heritage Foundation in Washington on Dec. 18, 2014. Saul Loeb/AFP via Getty Images
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Commentary
Tom Czitron
Tom Czitron
Author
Tom Czitron is a former portfolio manager with more than four decades of investment experience, particularly in fixed income and asset mix strategy. He is a former lead manager of Royal Bank’s main bond fund.