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Should you increase taxes or cut taxes?
This is a politically charged subject, so this is highly debatable. But, I will tell you it is generally more helpful to cut taxes in a recession and raise taxes in an inflationary period.The reason you want to cut taxes in a recession(or just stick with an expansionary fiscal policy) is to increase Aggregate Demand is gain a state of growth.You would want to raise taxes in an inflationary period(or just have a contradictory fiscal policy) is to decrease inflation which is probably caused by too much demand. China is a great example!
How do the Republicans benefit under the leadership of Republican president?
They cut taxes and reduce wasteful spending
Is government borrowing and cost of credit crowding out private sector?
Government is hurting the private sector by not raising the federal budget deficit. It was part of the republican argument in the current clash. The republicans are wanting to cut spending and not raise the taxes.
State legislators often are faced with difficult choices cut state programs or?
raise taxes
Did Eisenhower raise income taxes?
No. He held pat. He said taxes could not be cut until the outgo and the income balanced. He held office with a republican congress.
During The 1920s Republicans Supported Policies That?
During the 1920s republicans supported policies that generally gave corporations free rein, raised protective tariffs, and cut taxes for the rich.
What steps has Sweden's government taken to control the national debt?
1. raise some taxes , but not those who is related to work.2. Cut spending.
Did Obama lower taxes on the middle class?
Yes and no. President Obama already signed two tax cuts, which were aimed at small businesses and working people, during his first term. He campaigned for his second term on keeping the Bush Tax Cuts in place for 98% of Americans, but allowing the tax breaks for the wealthiest 2% to expire. Thus, he does not have any plan to raise taxes on the vast majority of Americans, but he does want the wealthy to pay a little bit more.
Will Republicans use funds from social security to fund the tax cut?
There is no evidence to suggest that Republicans intend to use funds from Social Security to fund the tax cut. Social Security operates on its own funding system through payroll taxes and has a separate trust fund specifically designated for it. Any changes to Social Security funding would require separate legislation.
Can you use cut back on in a sentence?
The Republicans today wish strongly to cut back on Social Welfare.
What will replace Social Security and Medicare if the republicans cut it?
you will have to take care of yourself
President Obama has done a good job?
Well Hes a way better president then Romney will be. Romney is going to raise our taxes for the middle class and going to cut out taxes for the rich! Obama has done many great things hes not the monster Romney is! You see Obama really tries but congress fights him...... We think its because hes black. If you want a good president VOTE Obama!
