Answer:
Tax cuts boost demand by increasing disposable income and by encouraging businesses to hire and invest more.
Tax increases do the reverse. These demand effects can be substantial when the economy is weak but smaller when it is operating near capacity.
Explanation:
How do taxes affect the economy in the long run? High marginal tax rates can discourage work, saving, investment, and innovation, while specific tax preferences can affect the allocation of economic resources. But tax cuts can also slow long-run economic growth by increasing deficits
A is the correct answer.
On April 9th, 1865, after a defeat, General Robert E. Lee (the leader of the traitorous Confederate army) surrendered to General Ulysses S. Grant (the General of the American Army). General Joshua Lawrence Chamberlain, hero of Gettysburg, marked the disbandment and offered parole.
That is called a speedometer
But according to Nigel Farage, he is the 'poorest man in politics'.Despite
earning £79,000 a year as an MEP, the Ukip leader, complains of meagre
finances.<span>
</span>
