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Reducing taxes, especially for large corporations, is a contentious topic with both pros and cons. Advocates argue that tax cuts can invigorate economic growth by
Reducing taxes, especially for large corporations, is a contentious topic with both pros and cons. Advocates argue that tax cuts can invigorate economic growth by providing businesses with resources to invest and create jobs, ultimately boosting consumer spending. Furthermore, fiscal expansion, which includes tax cuts and increased government spending, can distribute resources throughout the economy, benefiting individuals across income groups. High-income earners may use their tax savings to improve their standard of living by consuming and investing more
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