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The One Uncontroversial Statement at the Foundation of "Supply-Side" Theory

Question 141

Multiple Choice

The one uncontroversial statement at the foundation of "supply-side" theory is that


A) cutting income tax rates raises the tax base by enough to increase tax revenues.
B) income taxes reduce the after-tax reward to work and saving.
C) reducing income taxes would significantly increase work effort.
D) reducing income taxes would significantly increase personal saving.

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