Nice analysis Jen. There are several major sources of tax revenue for the government. You have income
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Nice analysis Jen.
There are several major sources of tax revenue for the government. You have income tax from corporations and individuals, sales taxes, property taxes, excise taxes, etc. Which of these tax revenue sources do you think contributes most to support economic growth and why? Thanks. G Learning Nugget: Taxcuts boost demand byincreasingdisposable income and by encouraging businesses to hire and invest more.Taxincreasesdothe reverse. These demand effects can be substantial when theeconomyis weak but smaller when it is operating near capacity.
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