john asked in Business & FinanceInsurance · 2 months ago

How do public policies such as tax policies affect savings rates?  ?

2 Answers

  • Anonymous
    2 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.

  • 2 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

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