Interest rates and taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. policy, two vital components of our economic landscape, often interact in fascinating ways. They influence the behavior of individuals, businesses, and governments. But how exactly?
Alan Cole, Senior Economist at the Tax Foundation, joins us to explore the complex effects of interest rate changes. We discuss how these shifts can impact everything, from budget deficits and tax revenues to investment choices and the overall economy.
Links
https://taxfoundation.org/tax-reform-bill-interest-rates/
https://taxfoundation.org/deficit-interest-rates-and-growth/
https://taxfoundation.org/tax-basics/cost-recovery/
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