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Do taxes affect the economy 2024?

Emma Johnson | 2023-05-07 14:46:42 | page views：1335
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Isabella Gonzales

Studied at the University of Johannesburg, Lives in Johannesburg, South Africa.
When the economy is weak, for example, the Federal Reserve tries to boost consumer and business demand by cutting interest rates or purchasing financial securities. Congress, for its part, can boost demand by increasing spending and cutting taxes. Tax cuts increase household demand by increasing workers' take-home pay.
2023-05-07 14:46:42
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Lucas Turner

QuesHub.com delivers expert answers and knowledge to you.
When the economy is weak, for example, the Federal Reserve tries to boost consumer and business demand by cutting interest rates or purchasing financial securities. Congress, for its part, can boost demand by increasing spending and cutting taxes. Tax cuts increase household demand by increasing workers' take-home pay.
How do taxes affect the economy in the short run? | Tax Policy Center
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