Question: Explain HOW the tax rate changes (the increase or decrease) will affect EACH of the following: a) economic growth: job creation, investment, incentives to

Explain HOW the tax rate changes (the increase or decrease) will affect EACH of the following:

 

a)  economic growth: job creation, investment, incentives to work more, and tax avoidance

b)  the budget: the difference between tax revenue and government spending

 c) economic "fairness" 

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Impacts of Tax Rate Changes The effect of tax rate changes on various aspects of the economy is complex and depends on multiple factors including the ... View full answer

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