\" Can you help me write a concLusion on \"Considering the Cost of lowering tax\

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Can you help me write a concLusion on "Considering the Cost of lowering tax"

https://www.nytimes.com/2017/11/14/business/economy/tax-rate-policy.html?rref=collection%2Ftimestopic%2FUnited%20States%20Economy&action=click&contentCollection=timestopics&region=stream&module=stream_unit&version=latest&contentPlacement=3&pgtype=collection

****I wrote this far "so far this what I wrote on my article " Introduction: Article essentially talks about tax reforms that needs to be done in US . Author also compares US taxation system with various other coutries and tries to portray that US is lagging behind when it comes to tax system. Main Body:  Wagner’s Law, states that government spending as a share of the economy increases as nations get richer and its citizens demand better public services. It may also approximate public policy in other industrialized nations. However in United States, its a fail.It isdifficult to find the internal reasons behind the American aversion to taxes and government.  Whatever may be the argument of small govt, however there is no proven evidence that countries with higher tax rates necessarily grow less. Republicans have offered legislation to cut taxes by $1.5 trillion over the next decade which is more than half a percentage point of G.D.P. Republicans also assert a dire need to stimulate growth by encouraging corporations to invest in the United States.ustria, Belgium, Greece, Hungary, Luxembourg, the Netherlands and Norway approved and implemented tax reforms last year. Other countries also enacted some changes. Except Greece, which is under German pressure to cut its budget deficit, they all have targetted at stimulating growth. 15 O.E.C.D. countries that altered their income-tax rates for 2016 and later years, nine increased them and only six reduced them. Most of the tax cuts were aimed at below the top tier earners and over all, 19 countries have cut marginal income-tax rates for those not in the highest bracket, aiming to increase the take-home pay of average workers.Belgium removed 30 percent tax bracket, and raised the income threshold of the lowest bracket of 25 percent. In Austria, rates were reduced for all but top earners. Canada and Luxembourg also aimed tax-rate cuts at middle-income earners. Countries that have cut corporate tax rates have also raised taxes on dividends .Tax changes in other rich countries have benefitted the rich. The Republican proposition to cut corporate tax rates is not something new. Most advnced countries are also doing the same thing. Conclusion: Its hard to find the result of Republicans proposal.Whether cutting taxes shall benefit thenation or not."

Explanation / Answer

It is difficult to infer that the Republican proposition is tied in with anything other than that thin fragment. Republicans appear to trust that the best remedy to address the country's ills is to slice some $50,000 from the assessments of individuals acquiring a million or more. The bequest duty could produce $1 trillion over 10 years just by raising the rate and slicing the exclusions to where they were in the 1970s. Raising the exception on the home expense to $11 million, as Republicans propose, will help just a thin fragment of ultrarich Americans. On the off chance that it succeeds, it will change the United States from a low-charge nation to a lower-assess one. Furthermore, the riddle will persevere: In cutting assessments as children kick the bucket and grown-ups squander away in habit, what do Americans mean by country?

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