Week 5 assignment-AH-Economics

Week 5 assignment-AH-Economics - Tax Cuts Can Help the...

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Tax Cuts Can Help the Economy 1 HOW TAX CUTS CAN HELP AND EVEN REPLINISH THE ECONOMY Abbigail Hjerpe Tax Cuts Can Help the Economy DeVry University Blended Economics 312 Professor Douglas Copeland November 29, 2010
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Tax Cuts Can Help the Economy 2 HOW TAX CUTS CAN HELP AND EVEN REPLINISH THE ECONOMY Tax cuts are reductions in the amounts of money that is collected throughout the year by the government. I truly believe right now would be the perfect time for me to get a tax cut. I lose money out of my paycheck every week from taxes, about $45.00 to be more precise. This could be my electric bill among many other things. I would be able to buy things that I can’t afford now. So it means that I would have more money to spend. This is a way I would increase gross domestic product, which in turn promotes a better economy. This is because the more money that is spent means the more job openings that become available. Since we are in a recession, jobs are needed by many people, if taxes were cut and/or
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Week 5 assignment-AH-Economics - Tax Cuts Can Help the...

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