Which of the following supply-side efforts was embraced by the second Bush administration?
A)Reduction of the deficit.
B)Increase in government environmental regulations.
C)Reduction in marginal tax rates.

Question

Quizplus · Accepted Answer

The second Bush administration embraced a reduction in marginal tax rates as a supply-side effort, with the passage of the Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs and Growth Tax Relief Reconciliation Act of 2003. These measures aimed to stimulate economic growth by putting more money in the hands of individuals and businesses, allowing them to invest and spend more.

Which of the Following Supply-Side Efforts Was Embraced by the Second