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Savings, remember, is the prerequisite of investment.
Campbell R. McConnell Quotes: Savings, remember, is the prerequisite
... economists recognize that, other things equal, cuts in tax rates reduce tax revenues in percentage terms by less than the tax-rate reductions. Similarly, tax-rate increases do not raise tax revenues by as much in percentage terms as the tax-rate increases. This is true because changes in marginal tax rates alter taxpayer behavior and thus affect taxable income.
Campbell R. McConnell Quotes: ... economists recognize that, other
... economic growth is driven by supply factors such as improved technologies and access to more or better resources.
Campbell R. McConnell Quotes: ... economic growth is driven
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