The idea that tax cuts would increase the quantity of labor supplied,thus increasing tax revenue,became know as supply-side economics.

Name: The idea that tax cuts would increase the quantity of labor supplied,thus increasing tax revenue,became know as supply-side economics.
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The idea that tax cuts would increase the quantity of labor supplied and result in increased tax revenue is a fundamental principle of supply-side economics, also known as Reaganomics or trickle-down economics.

The Idea That Tax Cuts Would Increase the Quantity of Labor