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Supply-side economics is based on the theory that if taxes are reduced, _____.

User SNA
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People will have more incentive to work and more money to spend
User Abhishek R
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Answer:

the economy will start to grow at higher rates, i.e. more tax cuts = more economic growth

Step-by-step explanation:

Supply-side economists believe that low marginal tax rates favor higher income, higher output, and greater efficiency of resource use. Supply side economics is a type of neoclassical economics which was primarily used by President Ronald Reagan.

User Erikw
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