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“... economists recognize that, other things equal, cuts in tax rates reduce tax revenues in percentage terms by less than the tax-rate reductions. Similarly, tax-rate increases do not raise tax revenues by as much in percentage terms as the tax-rate increases. This is true because changes in marginal tax rates alter taxpayer behavior and thus affect taxable income.”
― Economics
― Economics
“Savings, remember, is the prerequisite of investment.”
― Economics
― Economics
“Thus, increases in interest rates matter greatly for the economy as a whole. They not only cause direct reductions in investment spending and interest-sensitive consumption spending (the main intent of restrictive monetary policy), but they also may reduce aggregate demand indirectly through their impact on asset prices.”
― Economics [with ConnectPLUS Access Code]
― Economics [with ConnectPLUS Access Code]
Cameron’s 2025 Year in Books
Take a look at Cameron’s Year in Books, including some fun facts about their reading.
3,691 books
|
266 friends
941 books
|
207 friends
403 books
|
16 friends
39 books
|
138 friends
1,665 books
|
63 friends
109 books
|
39 friends
5 books
|
10 friends
86 books
|
408 friends
More friends…
Polls voted on by Cameron
Lists liked by Cameron
