A) decrease tax revenues and support the views of supply-side economists.
B) increase tax revenues and support the views of supply-side economists.
C) increase tax revenues and support the views of mainstream economists.
D) decrease tax revenues and support the views of mainstream economists.

Question

A) decrease tax revenues and support the views of supply-side economists. 
B) increase tax revenues and support the views of supply-side economists. 
C) increase tax revenues and support the views of mainstream economists. 
D) decrease tax revenues and support the views of mainstream economists.

Quizplus · Accepted Answer

The file name includes "TB8601," which is likely a reference to the Tax Reform Act of 1986. The Act was a major example of supply-side economics, which aimed to stimulate economic growth by reducing tax rates on individuals and corporations. This policy is often criticized by mainstream economists who argue that it leads to decreased tax revenues, which could harm government programs and services. Therefore, the most likely choice is that the document supports the views of supply-side economists and would lead to decreased tax revenues.

A) Decrease Tax Revenues and Support the Views of Supply-Side