Why do economists suggest that tax rates be kept roughly constant over time, rather than alternating between

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Why do economists suggest that tax rates be kept roughly constant over time, rather than alternating between high and low levels?

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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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Question Posted: Apr 01, 2016 03:59 AM

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Why do economists suggest that tax rates be kept roughly constant over time, rather than alternating between

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Increasing the tax rate increases distortions by m...View the full answer

Macroeconomics

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