What is the economic impact of taxes 2024?
I'll answer
Earn 20 gold coins for an accepted answer.20
Earn 20 gold coins for an accepted answer.
40more
40more
Works at the International Development Association, Lives in Washington, D.C., USA.
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.
2023-05-10 23:59:22
评论(499)
Helpful(122)
Helpful
Helpful(2)

Lily Adams
QuesHub.com delivers expert answers and knowledge to you.
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.