How might a reduction in taxation help government aims?

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1234724

2026-07-14 21:50

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Economic growth : Fall in tax increases the disposable income of the people therefore increasing their purchasing power leading to increased GDP

Employment :decrease in tax causes firms to produce more also due to increased demand which increases the demand for labour.eradicating the problem of employment

distribution of income : this increases money for the poor but increases burden on the rich

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