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In mid-2001, the Bush administration won congressional approval for lower income tax rates. One stipulation of this rate cut was that the rates also be
In mid-2001, the Bush administration won congressional approval for lower income tax rates. One stipulation of this rate cut was that the rates also be applied retroactively to taxes from the year 2000.
Question: Would you consider this fiscal policy to be demand-side focused, supply-side focused, or both? Explain your response.
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