The president and Congress have been engaged in a public battle for control over the national budget that has recently shut down the operations of much of the Federal Government. THE Republicans want to eliminate the health care law and reduce Federal spending. Supply Side economics advocates for tax reductions in order to stimulate investment and subsequently employment. Democrats intend to keep Obama Care and extend the Debt ceiling. President Obama advocates for eliminating tax inversions thereby curtailing US Companies from moving overseas to escape Federal taxes. Do you favor or oppose the premises of these Republican or democratic politicians/ economists. Considering the present state of our economy would tax reductions or tax increases be more effective in stimulating growth or would either approach lead to other problems?

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By increasing or decreasing taxes the government affects households level of disposable income after... View the full answer