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Final presidential debate: Unanswered questions
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Can Lowering Taxes Really Stimulate Economic Growth
Keeping taxes low on the middle class is advertised as a part of both economic agenda’s to help our economy grow
With lower taxes individuals will have more money to spend back into the economy spurring economic growth
However, since we spend more money than we take in, essentially all of the tax money the government collects is already spent back into the economy.
So how will lowering taxes stimulate more economic growth then the government spending essentially the same amount of money?
With lower taxes individuals will have more money to spend back into the economy spurring economic growth
However, since we spend more money than we take in, essentially all of the tax money the government collects is already spent back into the economy.
So how will lowering taxes stimulate more economic growth then the government spending essentially the same amount of money?
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