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...to have potential, with its expected outcome easy to comprehend. The idea is that when you decrease the taxes, more money will go to the consumers as well as producers which will increase savings and investments, ultimately stimulating the economy. However, the tax cut policy brings in the arguments of whether the “cut tax, cut red tape, get growth” formula used by the Republicans still works. It also brings the question of whether it is really what the US economy needs right now. Will it solve the national debt and wealth inequality issues and how effective is it really to achieve positive economic growth? It seems that the Republican candidates hadn’t provided any fresh answers that will help us solve real problems of today’s economy such as how to share the economic pie fairly, the problem of shrinking middle class jobs, and how to build the 21st century workforce.
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