Which of the Following Is an Argument of Arthur Laffer,the

Multiple Choice

Which of the following is an argument of Arthur Laffer,the supply-side economist?

A) That present tax rates are too high but a cut in tax rates will lead to a drop in tax revenues.
B) That present tax rates are too low and should be increased.
C) That an increase in tax rates will force people to work harder.
D) That a cut in tax rates will lead to higher tax revenues.