In 1993 the federal government boosted income tax rates. The change in tax revenue that occurred...
In 1993 the federal government boosted income tax rates. The change in tax revenue that occurred in the seven years that followed:
A. supported the claims of supply side economists and the Laffer Curve
B. Contradicted the claims of supply-side economists and the Laffer Curve
C. Causes productivity growth to slow
D. Significantly increased the size of the government's budget deficit.
Homework Answers
Ans) the correct option is B. Contradicted the claims of supply-side economists and the Laffer Curve
In 1993 the federal government boosted income tax rates. In the seven years that followed tax revenues expanded rapidly
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In 1993 the federal government boosted income tax rates. The
change in tax revenue that occurred...
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