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2 years ago

) the reputation of being better at "holding down taxes" is ascribed to the

Business

2 answers:

blagie [28]2 years ago

8 0

Answer:

Republican party

Explanation:

The Republican party is generally associated with supply side economics, which focuses on reducing taxes. Sadly, two of the last three republican presidents were not successful in following this approach and it resulted in 3 recessions (1 during George Bush's presidency and 2 during George W. Bush's presidency).

The main difference between supply side and Keynesian economics, Clinton and Obama's approach, is that supply side economics favors the trickle down effect. It means that as large corporations and the rich get wealthier, that excess wealth will spill over and spread into the middle and lower classes. When things are going OK, both economic approaches will yield the same results, the problem is that when things start to go wrong, supply side economics tends to make things worse because it increases the concentration of wealth on the upper classes.

Citrus2011 [14]2 years ago

4 0

Answer:

Republican Party.

Explanation:

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sergij07 [2.7K]

Answer:

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