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TAX CUTS AND JOBS ACT: Is the Tax Cuts and Jobs Act of 2017 Good Economic Policy?
SUPPORTERS ARGUE
Cutting taxes will spur economic growth, create jobs, and lead to higher wages for American workers. Reducing individual income tax rates will relieve the tax burden on families and greatly benefit the middle class.
OPPONENTS ARGUE
The tax overhaul consists of handouts to the wealthy. Cutting tax rates for corporations and wealthy Americans will dangerously increase the federal budget deficit while doing little to stimulate the economy or help middle-class families.
Let your students review the facts and decide for themselves: Is the Tax Cuts and Jobs Act of 2017 good economic policy? Be sure to check out Issues & Controversies’ complete and unbiased coverage of this timely issue. Enhance the debate with the discussion questions, “By the Numbers” data, primary sources, Intelligence Squared U.S. debate videos, infographics, editorials, and newsfeed that are linked to the article.
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