Difference between revisions of "Hauser's law"
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| − | '''Hauser's law''' is a concept in tax policy that tax revenue will always approximate to 19.5% of GDP regardless of the tax rate in effect. First put forward by William Kurt Hauser in 1993, the concept involves averaging tax receipts over a decades-long period of time. | + | [[Image:Hauserlaw.jpg|thumb|175px]]'''Hauser's law''' is a concept in tax policy that tax revenue will always approximate to 19.5% of GDP regardless of the tax rate in effect. First put forward by William Kurt Hauser in 1993, the concept involves averaging tax receipts over a decades-long period of time. |
While there is some concept overlap, Hauser's law is not a re-statement of the [[Laffer curve]].<ref>[https://www.wsj.com/articles/SB121124460502305693 You Can't Soak the Rich]</ref> | While there is some concept overlap, Hauser's law is not a re-statement of the [[Laffer curve]].<ref>[https://www.wsj.com/articles/SB121124460502305693 You Can't Soak the Rich]</ref> | ||
Latest revision as of 22:22, July 8, 2020
Hauser's law is a concept in tax policy that tax revenue will always approximate to 19.5% of GDP regardless of the tax rate in effect. First put forward by William Kurt Hauser in 1993, the concept involves averaging tax receipts over a decades-long period of time.
While there is some concept overlap, Hauser's law is not a re-statement of the Laffer curve.[1]