Refer to the table.If the current tax rate is 60 percent, supply-side economists would advocate
A)lowering tax rates to 20 percent, or lower if possible.
B)lowering tax rates to 40 percent.
C)keeping tax rates at 60 percent.
D)raising tax rates to 80 percent.

Question

Refer to the table.If the current tax rate is 60 percent, supply-side economists would advocate
A)lowering tax rates to 20 percent, or lower if possible. 
B)lowering tax rates to 40 percent. 
C)keeping tax rates at 60 percent. 
D)raising tax rates to 80 percent.

Quizplus · Accepted Answer

The Answer of 
Refer to the table.If the current tax rate is 60 percent, supply-side economists would advocate
A)lowering tax rates to 20 percent, or lower if possible. 
B)lowering tax rates to 40 percent. 
C)keeping tax rates at 60 percent. 
D)raising tax rates to 80 percent.

Refer to the Table