1. Why America Needs a Tax Cut
Daniel Mitchell, in the book Why America Needs a Tax Cut states, "The keys to economic growth, at least in terms of fiscal policy, are the size of government and the structure of the tax system" So aggregate government spending, whether it's from taxes or borrowing, slows the economy by taking resources from the private sector who have a stake in spending their resources wisely and giving to politicians and bureaucrats who focus on political incentives. ... (Mitchell) Economists are nearly unanimous in their recognition that capital formation is the key to economic growth. ...
- Word Count: 1246
- Approx Pages: 5
- Has Bibliography
- Grade Level: High School