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Supply-side economics is a macroeconomic theory postulating that economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade. According to supply-side economics theory, consumers will benefit from greater supply of goods and services at lower prices, and employment will increase. Supply-side fiscal…
History & Economy
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tax supply-side economics rates cuts economic supply growth revenues would income revenue cut laffer increase policy rate policies curve increased
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Supply-side economics | is a | macroeconomic theory postulating that economic growth can be most effectively fostered by lowering taxes | 0.90 | text |
| Supply-side economics | is a | Laffer curve | 0.90 | text |
| Supply-side economics | is a | classic example of a zombie doctrine | 0.90 | text |
| higher deficits | instance of | the tax cuts have produced adverse effects | 0.80 | text |
| reduced national savings | instance of | the tax cuts have produced adverse effects | 0.80 | text |
| Supply-side economics | related to 1920s tax cuts | Proponents | 0.60 | section |
| Supply-side economics | related to 1920s tax cuts | According | 0.60 | section |
| Supply-side economics | related to 1920s tax cuts | Cato Institute | 0.60 | section |
| Supply-side economics | related to 1920s tax cuts | World War | 0.60 | section |
| Supply-side economics | related to 1920s tax cuts | The Heritage Foundation | 0.60 | section |
| Supply-side economics | related to 1920s tax cuts | Tax | 0.60 | section |
| Supply-side economics | related to 1920s tax cuts | Joseph Thorndike | 0.60 | section |
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