Bush tax cut (2002)
Introduction
Fiscal policy is a macro economy tool that is used by the government or national administration to stabilize the economy of a country. Therefore, Fiscal Policy Actions are measures that the government employs in stabilizing the economy of a country, particularly through adjusting allocations and levels of government expenditures and taxes. There exist contractionary and expansionary Fiscal policies legislations and are applied depending on the state that an economy is in. There are various types of Fiscal policy actions and Bush tax cuts (2002) are one of them.
Tax cuts are actually a quick and easy way to ...