ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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True or False (and explain your answer) :
The George W. Bush tax cuts (circa 2001) were touted by the Bush administration as something good for most American families.
As evidence, they pointed out that most Americans (92 million) would receive an average tax reduction of over $1000.
The median tax cut was less than $100.
Based on this information, we can conclude that most Americans got a tax cut around $1000.
Answer asap.
Will rate positively for correct explanation!
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