Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Aren’t tax cuts more effective in stimulating spending?

April 26, 2017cuts effective Spending stimulating tax

0

Posted

Aren’t tax cuts more effective in stimulating spending?

1 Answer

0

Posted

Tax cuts and tax incentives are good, provided that the money is put back into spending on goods and services. People who are struggling are more apt to spend almost immediately. Money that is saved for wealth development is less likely to stimulate the current economy.