IDNLearn.com is the perfect place to get detailed and accurate answers to your questions. Ask your questions and get detailed, reliable answers from our community of experienced experts.

what is the theory that tax cuts can raise supply called

Sagot :

The theory that tax cuts can raise supply is called "supply side economics" or "trickle down economics." These policies were strongly supported by the Reagan Administration in the United States during the 1980s in the hopes of promoting economic growth. The theory functions that the cutting of taxes will help to promote economic growth and development. 

It is SUPPLY-side economics