0
What else can I help you with?
Where does the government get money to pay for all the services it provides?
taxes
Does Malaysia is a mixed economy country and what are the examples if it a mixed economy?
It is a mixed economy because we pay taxes
What are taxes used to pay for?
to improve the economy
What are the effects of taxes on the economy?
it creates a balance
Why were taxes cut in 1964?
to stimulate the economy
How does supply-side ecnomists argue that cutting taxes will benefit the economy?
Cutting taxes would result in more jobs, a more productive economy
Did JFK lower taxes?
He proposed lower taxes as a way to stimulate the economy
When does the laffer curve work?
in an economy of pent up demand, lowering taxes for the wealthy provides additional dollars for private sector investing. The investment is multiplied through the economy ultimately creating higher productivity, higher employment, higher wages, and higher total tax revenues as a result. however, in a low demand economy, reducing taxes does not have a multiplier effect because dollars are simply saved and not invested into the economy. search on YouTube for clifcar for more details.
What economy is part of the economy based on odd jobs that people perform with government regulation through taxes?
Informal Economy
Why were income taxes cut in 1964?
to stimulate the economy
What are a Republican beliefs on taxes?
Generally, Republicans believe that the fewer taxes you pay, the better the economy will be. They advocate for less taxes on businesses as well.
How does immigration affect taxes in the US?
immigrants are hurting the economy
