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| *Loan,banking and credit>>>income tax |
Which is a better way of reducing government debt- raising income taxes or maxize profits? |
This is for another essay.:( I need 400-500 Words. It's pretty hard to pin point one and give a brief explaination I'll be happy to give you input on concepts, but I'm not writing an essay for you. Here's the concept: Raising income taxes, in the long run, dampens the entire economy by taking spending decisions out of the hands of the efficient public markets and putting them into the hands of an inefficient bureaucracy. By lowering taxes. government is inefficient and wasteful...private enterprise is much more efficient and doesn't piss away money like the govt. Privatization, as much as possible is the anser you seek. |
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