According to conservatives, which policy should government implement to encourage economic growth?
A) Cut taxes on low income individuals to increase consumer spending.
B) Cut taxes on the middle class to encourage consumer spending and saving.
C) Cut taxes on the wealthy who are more likely to save.
D) Increase taxes on the middle class to discourage excess consumer spending.

Question

Quizplus · Accepted Answer

Conservatives often argue that cutting taxes on the wealthy encourages investment and savings, which in turn fuels economic growth by providing more capital for businesses to expand and create jobs. This approach is sometimes referred to as "supply-side economics" or the "trickle-down" theory.

According to Conservatives, Which Policy Should Government Implement to Encourage