Which of the following is true?
A)Tax rates do not influence economic growth.
B)Countries with high marginal tax rates have generally had higher rates of economic growth than those with low tax rates.
C)Countries with low marginal tax rates have generally had higher rates of economic growth than those with high tax rates.
D)Countries that impose high marginal tax rates at low-income thresholds generally have high rates of economic growth.

Question

Quizplus · Accepted Answer

Lower marginal tax rates can incentivize investment and economic activity, potentially leading to higher economic growth compared to countries with high marginal tax rates.

Which of the Following Is True