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https://www.thoughtco.com/effect-of-income-taxes-on-economic-growth-1146370
May 30, 2019 · Advocates of tax cuts claim that a reduction in the tax rate will lead to increased economic growth and prosperity. Others claim that if we reduce taxes , almost all of the benefits will go to the rich, as those are the ones who pay the most taxes.
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Jun 24, 2016 · Explain how federal income taxes support the economy and benefit the common good. - 1467381
https://www.treasury.gov/resource-center/faqs/Taxes/Pages/economics.aspx
Sales taxes are an important source of revenue for most states and some large cities and counties. The tax rate varies from state to state, and the list of taxable goods or services also varies from one state to the next. Excise taxes, sometimes called "luxury taxes," are …
https://answers.yahoo.com/question/index?qid=20140630105324AAsYjkd
Jun 29, 2014 · taxes is how the government is financed. period. taxes have been collected since before the invention of writing, as shown in cuniform tablets from Persia, and hieroglyphics in Egypt. the government spends money and buys services just like any other sector of the economy.
https://www.thebalance.com/supply-side-economics-does-it-work-3305786
Studies That Don't Support Supply-Side Economics A study by the National Bureau of Economic Research found precise figures on how much revenue will be recouped by tax cuts. For each dollar of income tax cuts, only 17 cents will be recovered from greater spending.
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Explain how state sales taxes support the economy and benefit the common good. See answers (1) Ask for details ; Follow ... It is commonly used to support the education and health programs, as well as the public pensions, fire protection, police, environmental projects and many more. It is also used to supplement local tax revenue.
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Apr 13, 2017 · Click here 👆 to get an answer to your question ️ Explain how local property taxes support the economy and benefit the common good.3/5(2)
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