econ hw

Watch and read both links and answer the questions.

 https://www.pbs.org/newshour/show/who-will-reap-the-wealth-of-the-gop-corporate-tax-cut 

 https://www.brookings.edu/blog/up-front/2018/12/18/not-so-happy-birthday-to-the-tax-cuts-and-jobs-act/ 

then answer Question 1:  While there is a positive stimulus to the overall economy from the Trump corporate income tax, do most of the increases in income go to workers or the investors who own the business firms in America?

Question 2:  While there are positive impacts for households in the short run, what does the Brookings Report (item 2) assert are the longer term impacts on the overall economy, in terms of the federal government deficit?

Question 3:  How do you feel about the impact of the Trump tax cut?  Do you support it?  State why or why not.