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If taxes were raised, individuals and businesses would have less disposable income, potentially leading to reduced consumer spending and investment. This could slow economic growth and impact job creation. On the government side, increased tax revenue could fund public services and infrastructure, but the effectiveness of such spending would depend on how it is managed. Overall, the outcome would vary based on the specific context, such as the economy's current state and how taxpayers respond.
What else can I help you with?
How do you increase taxes without causing a revolt?
If politicians knew reliable answer, they would have raised all taxes sky-high years ago.
What would happen if you didn't pay taxes?
You would probably end up in prison. Or, you could be heavily fined, with added penalties, and forced to pay back taxes.
Is it a good idea to file your taxes for free?
It would be a good idea to file your taxes for free if you happen to have a low income. There are several places that can do that for you. If you are a senior citizen you can check to see if there are local firms that would offer their services for free.
What will happen to your taxes when you own a home?
I think you can deduct your property taxes and the interest on your mortgage!
What happen if you didnt do your taxes on time. and it was to late who can you talk to?
what happen if you don't do your taxes in time, and it was to late to file . who can you talk to? or how can you get in contact with that person, in order to get them done.
Why would people detest JFK?
He raised taxes a lot especially in the South
Were taxes raised in the 1920s?
They were raised in most countries.
How do you increase taxes without causing a revolt?
If politicians knew reliable answer, they would have raised all taxes sky-high years ago.
Why were the nobles espieically unhappy with john in 1215?
he raised taxes
What would happen if you ignored military draft?
what would happen if you ignored the military draft, jury duty, paying property taxes or a subponea?
What would happen to farmers in Massachusetts if they could not pay their taxes?
they lost land
How was the money raised in Vietnam war?
Taxes.
What is the taxation?
The revenue (money) raised by taxes
What would happen if you didn't pay taxes?
You would probably end up in prison. Or, you could be heavily fined, with added penalties, and forced to pay back taxes.
What would become of the Titanic if it were raised?
i think it will become a museam but for that to happen it can not be near water
Name on reason that Parliament raised taxes?
Parliament raised taxes to get money because England was in debt for helping the colonists win the French and Indian war.
Who was the people who raised the taxes at the revolutionary war?
The British
