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How does tax cuts help economy?

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Anonymous

15y ago
Updated: 8/18/2019

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

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Wiki User

15y ago

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What is demand side economic?

the idea that government spending and tax cuts help an economy by raising demand


What is demand-side economics?

the idea that government spending and tax cuts help an economy by raising demand


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.


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Health care. Keeping Bush tax cuts. Tax cuts increase revenue to the government and stimulate the economy.


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I believe its called supply-side economics, not 100% sure :/


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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.


What is a sentence for Economy?

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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.