In the text you read this about President George W. Bush's tax cuts: Once in office, Bush turned his attention to domestic issues. Like most
Republicans, Bush believed that tax cuts would stimulate the economy and create new jobs. In 2001, Bush pushed a highly controversial $13
trillion tax cut through Congress The tax cut put more money in the hands of consumers
Why did Bush think the tax cuts would stimulate the economy?
A
Many consumers might save the extra money rather than spend it.
B. People might spend the money on buying products
C
Wealthy consumers might spend roughly the same amount on necessities as others.
D
Foreign companies might buy more American goods