The cut in VAT to tackle the recession can be described as

Name: The cut in VAT to tackle the recession can be described as
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A cut in VAT (Value Added Tax) is considered a demand-side policy because it directly aims to stimulate consumer spending by reducing the price of goods and services, thereby increasing overall demand in the economy. This approach contrasts with supply-side policies, which focus on increasing production and efficiency.

The Cut in VAT to Tackle the Recession Can Be