Your answer is expected to be typed/ double space written and about two-three pages long. The final draft of the essay is due to Wednesday October 18th . I will collect your essay in class on the due date. No late work is acceptable.
Answer the question in the following structure. In your answer, address the following issues:
a. Would this tax policy lead to higher or lower income inequality? What would be its impact on the economy?
b. Explain the possible causes of the current economic downturn. Discuss Paul Krugman and Joseph Stiglitz’ argument that President Bush’s tax plan does little to stimulate the economy, but leads to increased income inequality. Explain the specific components of the proposed tax plan such as dividends tax and estate tax cuts
c. What forms of tax cut do you suggest in order to stimulate the economy and reduce the level of income inequality?
d. How do you evaluate Stiglitz’ suggestion of investment tax credit as a stimulus to economic recovery?
e. Would President Bush’s proposed capital gain tax cuts, elimination of dividend tax, and elimination of estate tax offer the same benefit to the economy? What are the implications of this tax cut policies for the short-run and long-run growth of the economy?
2 Joseph E. Stilglitz, Bush’s Tax Plan- the Dangers, The New York Review of Books.
2 Issue 13, Are Tax Cuts Good for America? Yes: Amity Shlaes, No: Paul Krugman
They have a magnificent team. These people are always kind and willing to listen to your concerns or issues. Better yet, your assignment is always ready before the time, they usually send you a draft to double-check before they finalize your paper.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more