Why Do Most Economists Believe That the Laffer Argument Does

question 65

Essay

Why do most economists believe that the Laffer argument does not apply to broad-based taxes?

---

Definitions:

Intention Tremors

A type of tremor that becomes more pronounced when a person attempts to perform a voluntary movement, often associated with disorders of the cerebellum.

Extrapyramidal System

A neural network in the brain that is part of the motor system causing involuntary reflexes and movement control.

Skilled Movements

Movements that require coordination and precision, often learned through practice, involving specific brain regions such as the cerebellum and motor cortex.

Unconscious Movements

Movements that occur without conscious intent or awareness, typically reflexive or automatic in nature.