Laffer curve

noun
Laf·​fer curve | \ ˈlafər- \

Definition of Laffer curve

: a diagram shaped like a normal curve that is intended to show the relationship between tax rates and tax revenues

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

History and Etymology for Laffer curve

after Arthur Laffer, born 1940 American economist

Learn More About Laffer curve

Dictionary Entries Near Laffer curve

Lafayette

Laffer curve

Laffite

See More Nearby Entries 

Statistics for Laffer curve

Cite this Entry

“Laffer curve.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Laffer%20curve. Accessed 1 Dec. 2021.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

WORD OF THE DAY

Test Your Vocabulary

Name that Thing: Flower Edition

How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!