Responses
Increase tax rates for payroll and corporate income taxes. Increase federal government investment in infrastructure and education.
Increase tax rates for payroll and corporate income taxes. Increase federal government investment in infrastructure and education.
Increase tax rates for individual income and corporate income taxes. Decrease the number of employees as well as cuts in spending for social security and defense.
Increase tax rates for individual income and corporate income taxes. Decrease the number of employees as well as cuts in spending for social security and defense.
Decrease tax rates for individual income and payroll taxes and make cuts to federal government subsidies for farmers and renewable energy producers.
Decrease tax rates for individual income and payroll taxes and make cuts to federal government subsidies for farmers and renewable energy producers.
Decrease tax rates for corporate income taxes but also raise tax rates for individual income and payroll taxes.
Decrease tax rates for corporate income taxes but also raise tax rates for individual income and payroll taxes.
1 answer
The set of actions most likely to result in a surplus in the federal government budget would be:
Increase tax rates for individual income and corporate income taxes. Decrease the number of employees as well as cuts in spending for social security and defense.
This option combines raising revenue through higher tax rates with spending cuts, both of which are strategies that can lead to a budget surplus.
