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Supply Side Economic Tax Cuts
Title: Supply Side Economic Tax Cuts
Category: Law & Government / Government & Politics
Details: Words: 858 | Pages: 3.7 (approximately 235 words/page)
Supply Side Economic Tax Cuts
Tax deductions as a tactic of supply side economics:
Stimulating the growth of an economy
The purpose of this paper is to examine the use of government tax cuts, as one
tactic of supply side economics. The pros and cons to supply side economics with
reference to historical evidence will show that cutting taxes as prescribed by this plan will
in fact stimulate economic growth. Does it work? The people of Ontario are going to
…showed first 75 words of 858 total…
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…showed last 75 words of 858 total…tax cuts allow for more consumer spending (consumer demand),
individual household debt clearing, increased incentive for investors and skilled workers,
and the creation of new jobs. When tax cuts are applied in balance with other supply side
tactics, economic growth will result. As the National Post puts it when referring to the
message that Alberta?s Premier, Mr. Campbell, is sending out to the other Premiers,
?gentlemen re-start your tax-cutting engines? (Race to the Top 2).
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