Concerns about finding a tax burden rate, that generates the largest amount of tax revenues, have attracted the attention of researchers all the time. Law scarcity of public financial resources in relation to public expenditure determines the continuous monitoring of the evolution of binominal concepts: fiscal pressure versus tax revenues. The most simple and practical approach is given by the well-known Laffer’s curve. This paper aims to determine in graphical representation of the curve for Belgium, Netherlands and Luxembourg. The research is based on data provided by the European Commission for18 years. Conclusions for Benelux countries refer to the fact that the optimum value of tax burden is very closed to the maximum tax burden applied by them (the differences are below 1 percent), even equal for Belgium. Moreover, Luxembourg and Belgium are positioned in the admissible area of this theory, while the Netherlands have a fluctuant position.
Keywords: fiscal optimum, tax, tax policy.
1. Arnold Roger, Principles of Economics, 10th International Edition, Cengage Learning Publishing House, South West-ern, 2011, p. 246.
2. Arthur Laffer, The Laffer Curve. Past, Present and Future, 2004 – available at http://www.heritage.org /Research/ Taxes/bg1765.cfm.
3. Becsi Zsolt,The Shifty Laffer Curve, Federal Reserve Bank of Atlanta Economic Review, 2000 – available at http://www.frbatlanta.org/filelegacydocs/becsi.pdf.
4. Bunescu L., Comaniciu C., Graphical analysis of Laffer’s theory for European Union member states, Annals of the “Constantin Brâncuşi” University of Târgu Jiu, Economy Series, Issue 2, 2013, p.17.
5. Dragota G., Chirculescu M.F., Analysis of the Tax Burden in Romania based on the Laffer Curve in the Period 1991-2009, Annals of “Dunarea de Jos” University of Galati Fascicle I. Economics and Applied Informatics, No. 1, 2012, p. 68, available at http://www.ann.ugal.ro/eco/Doc2012.1/Dobrota_Chirculescu.pdf.
6. European Commission, Taxation trends in the European Union, Bruxelles, 2014, Annexes.
calp7.pdf.HM. Treasury, Analysing the UK fiscal policy, London, 1999, p. 9, http://archive.treasury.gov.uk/pdf/1999/ anfis-
8. Lamb M. et. all, Taxation: an interdisciplinary approach to research, Oxford University Press, 2005.
9. Kovárník J. et al., The causalities of the tax incidence and the modeling of tax processes, Procedia Economics and Finance, Vol. 23, 2015, p. 1253 – 1259, doi: 10.1016/S2212-5671(15)00504-3.
10. Lhotak James, The Laffer Curve. Past, Present and Future, Walden University, 2011, available at http://proquest.umi.com/pqdlink?did=2443948541&Fmt=7&clientI d=79356&RQT=309&VName=PQD.
11. Sandmo A.,: Optimal taxation an introduction to the literature, Journal of Public Economics, No. 6, 1976, p. 37-54. 12. Smith Lisa, Laffer Curve Key To Ideal Tax Rate, 2008 – available at http://www.investopedia.com/ articles/08/laffer-
13. Trabandt Mathias, Uhlig Harald, How Do Laffer Curves Differ Across Countries?, Board of Governors of the Federal Reserve System, International Finance Discussion Papers, Number 1048, May 2012, available at: http://www.federalreserve.gov/pubs/ifdp/2012/1048/ifdp1048.pdf.
14. Trandafir A., Brezeanu P., Optimality of Fiscal Policy in Romania in Terms of Laffer Curve, Theoretical and Applied Economics, No. 8, 2011, p. 60, available at http://store.ectap.ro/articole/624.pdf.
15. http://ec.europa.eu/ European Commission.