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Which are consistent with the laffer curve

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Question 1: Which of the following are consistent with the Laffer Curve?

Option 1: When the JFK taxes cuts lowered the top Federal Marginal rate from 91% to 77%, the tax revenues from the federal government went up.

Option 2: Increasing marginal tax rates will always increase tax revenues.

Option 3: Decreasing marginal tax rates will always increase tax revenues.

Option 4: Decreasing marginal tax rates will always decrease tax revenues.

Reference no: EM132576698

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