Answered: Lower marginal tax rates can increase…

Lower marginal tax rates can increase total tax revenues is a tenet of A) deficit financing. B)mercantilism. C) the flat -tax proposition. D) the supply-side economics argument.

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter13: Federal Deficits, Surpluses, And The National Debt

Section: Chapter Questions

Problem 2SQ

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Question

Lower marginal tax rates can increase total tax revenues is a tenet of

A) deficit financing.

B)mercantilism.

C) the flat -tax proposition.

D) the supply-side economics argument.

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