Fiscal policy is an essential tool for the government and taxation. Fiscal policy is used to govern how tax cuts affect the economy. By cutting taxes, this means the residents of that economy would play less to the government and have more in their pocket to spend within the economy, also contributing to an increase in the GDP. Discuss?

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Certainly your statement highlights a key aspect of fiscal policy particularly the impact of tax cuts on the economy Lets break down and discuss the k... View the full answer