Previous parts not necessary. The incoming Bush administration campaigned on tax rate reduc- tionsI pointing to the federal budget surplus, during its campaign in 2000. g) Why may a government budget surplus provide room for tax rate reductions? Briey explain. h) Would the reduction in economy activity in 2001 provide an economic argument for or against tax rate reductions? Briey explain. i) What is the economic rationale for temporary rather than permanent tax rate cuts? Briey explain