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A new president has been elected. She promises to lower taxes drastically. What is most LIKELY to happen as a result of this decrease in taxes?

Respuesta :

Answer:

Decreasing taxes would result in a loss of money from government funded organizations and other government jobs. There would be a lower budget for public schools and the salaries of police forces, post offices, and teachers would be forced to be cut. However, this would also raise economic activity, increasing people's ability to buy and coontribute more to the flow of money.

Explanation: