During the Reagan administration, the Laffer curve was used to argue that: a. lower income tax rates could increase tax revenues. b. the supply-side effects of tax cuts are relatively small. c. a "flat tax" would simplify the tax code and stimulate economic growth. d. discretionary tax cuts are unwise because they create stagflation.
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Home » Business » During the Reagan administration, the Laffer curve was used to argue that: a. lower income tax rates could increase tax revenues. b. the supply-side effects of tax cuts are relatively small. c.