Consumer spending is linked to disposable income. The Trump Administration has proposed tax reform in early 2017 (please see a summary of the proposal at https://taxfoundation.org/trump-administration-tax-proposal/ ), included in the initial summary proposal is to lower the individual tax rate for top-tier earners from 39.6% to 35% and cutting the corporate tax rate to 15%. Explain how this change in taxes affects consumption, aggregate demand, and investment spending. With this in mind, should this be enacted?