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Economics
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Do you think that tax cuts increase economic growth and taxable income so much that tax revenue increases? Or do you think that tax cuts reduce tax revenue? Please Explain. 

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Related questions

In the run up to the 2008 US presidential election, both major contenders, John McCain and Barack Obama, promised that if they were elected they would push for significant new discretionary fiscal policy in 2009. Obama's proposals as a candidate was for legislation which would be roughly 2/3 new government spending and 1/3 tax cuts or stimulus checks (This is roughly the distribution of the 2009 economic stimulus that Obama signed into law in 2009 shortly after he took office). McCain's proposal was for roughly 3/4 tax cuts or stimulus checks and 1/4 new government spending.

In your initial discussion post, do you think discretionary fiscal policy wold be more effective if its primarily tax cuts/payments to households, increases in government spending, or a equal balance of both? If you were president in 2009 what type of fiscal policy (if any) would you have pushed for?

When someone owns an asset (such as a share of stock) that rises invalue, he has an "accrued" capital gain. If he sells the asset, he"realizes" the gains that have previously accrued. Under the U.S.income tax, realized capital gains are taxed, but accrued gains arenot.

a. Explain how individuals' behavior is affected by thisrule.

b. Some economists believe that cuts in capital gains tax rates,especially temporary ones, can raise tax revenue. How might this beso?

c. Do you think it is a good rule to tax realized but not accruedcapital gains? Why or why not?

Learn the specific monetary and fiscial policy changes (don't forget taxes) that occurred in 1937. Use what you have learned about GDP, production costs and aggregate demand and aggregate supply to project the most likely results of those changes. Next view our current economic condition and the recently proposed tax increases, the ending of the Federal Reserve's Quantitative Easing and the proposals for increased goverment spending that may or may not be offset by spending cuts in other areas. Again using the tools you have learned, what do you think is the most likely result? In other words, compare 2015 to 1937 and explore what lessons and cautions may be learned from that comparision. Think in terms of an economic policy advisor.

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