If expansionary taxation policies encourage growth, are they always appropriate to implement?.

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16-09-2022
Business

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If expansionary taxation policies encourage growth, are they always appropriate to implement?.

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qwlilly qwlilly · Answer 1 · 2022-09-19T23:02:14-04:00

Yes, the govt. will still make sure that individuals and businesses still receive all necessary services. The taxation policies encourage growth, are they always appropriate way to implement.

Fiscal policy is that the use of presidency spending and taxation to influence the economy. Governments typically use economic policy to market strong and sustainable growth and reduce poverty. The role and objectives of economic policy gained prominence during the recent global financial condition, when governments stepped in to support financial systems, jump-start growth, and mitigate the impact of the crisis on vulnerable groups. Fiscal policy refers to the utilization of presidency spending and tax policies to influence economic conditions. Fiscal policy is basically supported ideas from British economist John Maynard Keynes.

Learn more about Fiscal policy.

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