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i think “raising taxes” has more to do with paying off trillions of dollars of war debt… raising taxes means less money is going into the economy… so i would think lowering taxes would help
Lowering taxes does stimulate the economy slightly but this is an expensive and inefficient way to do so.
The goal of our economic policy should be long term growth as well as short term recovery.
The best option at this point would be for the government to spend more money investing in the infrastructure we will need for future growth. The immediate spending would plow money into the economy short term while better infrastructure would have long term payoffs in better efficiency and productivity.
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