At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Connect with professionals on our platform to receive accurate answers to your questions quickly and efficiently. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Assume The Government Is Running A Budget Deficit. Should The Government Raise Taxes To Balance The Budget? Should The Government Decrease Spending To Balance The Budget? What Are The Pros And Cons Of Each Action?

Sagot :

i personally think that both would be a good idea. It also depends on how bad the budget deficit is. if the government would raise taxes by like 1% it wouldn't be to bad. they could also not give as many funds to things that arn't important like maybe a science investigation that isn't very useful. but if they would decrease spendings on, for exaple medicare that would effect people in a not so good way. but if they raised taxes too much it could also effect people badly. hope this helped