How do public policies such as tax policies affect savings rates? ?
- Anonymous2 months ago
The more money the Democrats can take from you the less money you have to save, or spend.
Republicans want you to have more money so you can save it (in their banks) or spend it, to make them richer.
- Good ManLv 72 months ago
Higher tax rate minimize savings while low tax rate expand savings due to the impact of tax rate on take home money of salary and small business enterprises . more THE TAX RATE LESS THE MONEY FOR DAILY NEEDS with tax payers