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No..they actually stimulate the economy by freeing money for investment
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∙ 16y ago
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What is President Obama unwilling to change his mind about?
Health care. Keeping Bush tax cuts. Tax cuts increase revenue to the government and stimulate the economy.
What did President John F. Kennedy advocate in order to stimulate economy?
Tax cuts
How does tax cuts help economy?
the less tax we have to pay the more money we will have so we tend to spend more which helps our buisnesses grow which keeps our economy going
Why does the President Obama believe that Tax Cuts are critical to help revive the economy?
Tax cuts mean more money to be spent. More money being spent means more money movement in the economy. A higher money movement is inherent in a strong economy, and often necessary.
Ronald Reagan anf the tax cuts?
President Ronald Reagan applied supply side economics when he executed tax cuts. This created a favorable environment for economic growth, and the revenue generated by a vibrant economy would offset the revenue lost via tax cuts.
What is demand-side economics?
the idea that government spending and tax cuts help an economy by raising demand
What did President John F. Kennedy advocated in order to stimulate the economy?
Tax cuts
What is demand side economic?
the idea that government spending and tax cuts help an economy by raising demand
What effect did ford's economic policy have the economy?
President Ford's economic policy had a negative effect on the economy. He first called for tax increases then for tax cuts which sent the country into a recession.
Are tax cuts available for new business owners?
Tax cuts are available to new and old business owners. To find out exactly what cuts you are entitled to I would need more information. A good website with great information is http://money.cnn.com/2010/09/07/news/economy/obama_business_tax_cut/index.htm.
What is a sentence for Economy?
In today life, the economy is bad because some people don't have jobs or any money to survive their surroundings and their bills.The word economy is a noun. A sentence for economy is, 'They argued about whether or not tax cuts were good for the overall economy.'
Which party believes tax cuts for all levels of society will increase consumer spending and lead to growth in America's economy?
The Republicans
