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Reducing tax rates for businesses and wealthy individuals.

Supporters of supply side economics believe in reducing tax rates for businesses and wealthy individuals. - See more at: http://www.chacha.com/question/what-do-supporters-of-supply-side-economics-believe#sthash.hxt2Ko2g.dpuf

Supporters of supply side economics believe in reducing tax rates for businesses and wealthy individuals. - See more at: http://www.chacha.com/question/what-do-supporters-of-supply-side-economics-believe#sthash.hxt2Ko2g.dpuf

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10y ago
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MeGustaCulo

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4y ago

that taxes have a strong negative influence on economic output

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Q: What do supporters of supply-side economics believe?
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What do supporters of supply-side believe?

Reducing tax rates for businesses and wealthy individuals. Supporters of supply side economics believe in reducing tax rates for businesses and wealthy individuals. - See more at: http://www.chacha.com/question/what-do-supporters-of-supply-side-economics-believe#sthash.hxt2Ko2g.dpuf Supporters of supply side economics believe in reducing tax rates for businesses and wealthy individuals. - See more at: http://www.chacha.com/question/what-do-supporters-of-supply-side-economics-believe#sthash.hxt2Ko2g.dpuf


What do supporter of supply side economics believe?

Reducing tax rates for businesses and wealthy individuals. Supporters of supply side Economics believe in reducing tax rates for businesses and wealthy individuals. - See more at: http://www.chacha.com/question/what-do-supporters-of-supply-side-economics-believe#sthash.hxt2Ko2g.dpuf Supporters of supply side economics believe in reducing tax rates for businesses and wealthy individuals. - See more at: http://www.chacha.com/question/what-do-supporters-of-supply-side-economics-believe#sthash.hxt2Ko2g.dpuf


What do supporters of the supply side economics believe?

Supporters of supply side economics believe in low marginal tax rates as high taxes have a negative influence on economic output. They believe that economic growth can be most effective when there is a great supply of goods and services at low prices.


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Why did supporters of supply side economics believe that lower tax rates would actually result in more tax collected money?

Supporters of supply-side economics believe that lowering tax rates would create more jobs. The theory was that an increase in jobs would also help increase the rate of savings and investing resulting in more taxes coming in.


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