How would tax cuts help the economy?

how will tax cuts help the economy

Countries that are the happiest tend to have to highest taxes (i.e. Denmark). If families are given tax cuts they are not going to spend any more money, they're just going to save what they get. That's not going to stimulate the economy. Wouldn't it make more sense to create jobs so families can use. show more Countries that are the happiest tend to have to highest taxes (i.e. Denmark). If families are given tax cuts they are not going to spend any more money, they're just going to save what they get. That's not going to stimulate the economy. Wouldn't it make more sense to create jobs so families can use the money and put it in banks and buy stuff? I don't know I could be

totally wrong. I don't really understand how the republican stimulus plan would work.

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Tax cuts help the economy because people will spend that money on something. We have a serious paradigm problem. That problem being that a significantly large amount of people think that the government needs to try to solve these kinds of problems. Because of this, the government has taken the authority and actually caused this problem.

Currently, if there's not enough money, they just print more, which is irresponsible because our kids will have to pay back the "imaginary" money at an interest.

The system is set up so that most of us are forced to continue working for much longer than we really have to.

Source: answers.yahoo.com

Category: Taxes

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