With the recent tax plan controversy, lots of people or discussing whether it is more effective to lower taxes or increase welfare programs to provide a "leg up" to people in need. What do you think?
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Fatima Yousuf
Dec 18, 2017
Reducing Taxes or Increasing Welfare?
Reducing Taxes or Increasing Welfare?
I believe it depends on which taxes are lowered and which welfare programs are increased. In interests of fiscal sustainability, if welfare programs are increased, taxes would need to be raised.
Interesting read on the topic - https://www.economist.com/blogs/freeexchange/2011/01/entitlements