charliestrada4oz7kle charliestrada4oz7kle
  • 01-11-2018
  • Business
contestada

How could lowering income taxes during an economic downturn lead to increased national debt

Respuesta :

HiramSobus HiramSobus
  • 01-11-2018

Lowering income taxes during an economic downturn lead to increase national debt because income taxes is a way the government earn income so by lowering the taxes it will be a loss to the government especially when the economy is a downturn and the countries debts will increase as there is no revenue for the government

Answer Link

Otras preguntas

why would a 100 pound person weigh only 17 pounds on the moon
Why is it often easier to start a fitness program than it is to maintain one?
use compatible numbers to estimate the quotient. 394.6÷9
3x + 2 >= 11 I need to understand how to do it on a number line.
In your own words, describe why melting ice with salt freezes cream. Compare your descriptions to your classmates and describe how you could change the setup to
Which of the following words is derived from Greek? A. abhorrence B. abscond C. catalyst D. herbicide
how did john adams change the world
What would be the mean if the value 3 was added to the following set? 14, 14, 17, 19, 25 17.8 20.8 18.4 15.3
Mrs.Miller is reading a book that has 628 pages in it. She is planning on reading 25 pages each night. How many nights will it take her to finish the book? How
What is 2.06% written as a decimal ?