According to supporters of supply-side economics,lowering taxation would actually create more government revenue and stimulate the economy because ______.

Question

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Supporters of supply-side economics believe that lowering taxes would incentivize businesses to invest more and create more economic growth, ultimately resulting in more government revenue. This concept is known as the Laffer Curve, which posits that there is an optimal tax rate that maximizes revenue, and that lowering taxes can actually increase revenue by spurring economic activity.

According to Supporters of Supply-Side Economics,lowering Taxation Would Actually Create