1. Stiglitz And Orszag Argue That States Should Raise Taxes Rather Than Cutting Spending During An Economic Downturn. Explain Their Argument. 2. Provide Information On Massachusetts Stabilization Fund. What Is The Balance? What Percent Of The General Fund

NameInstitutionCourseTutorDateThe argument that is brought about in this case entails aspect that considers if the states is in a recession , the best way to deal with it is to lambaste taxes and spend the money in programs that creates jobs and other equipment which makes revenue thusly get the money to move substantiate to the economy . perk up of taxes from those who earn more lead not reduce stinting activities but moves the money from one sparing actor to another(prenominal) for economic equitability . Taxing the wealthier saves the money in that , instead of spend the money in non revenue generating manner the money goes back to the economy where it can be spent to generate income .

on the other hand the concept of taxation when properly embraced will focus in the achievement of the overall perspectives in ensuring that the economic setup will be able to rejuvenates and ensure nonstop growth and stabilizationIf the state reduces spending this implies that some activities will be reduced or terminated completely and this will scram economic activities thus reduce revenue generation . in the buff spending only will lock out superannuated and new income generating activities and this affects both the state and local municipalities and the implication ids a financial crisisThis Massachusetts stabilization pedigree is a fund created to acquire and rehabilitate properties in neighborhoods hardest hit by foreclosures (Margaret spear 23 . The fund helps qualified buyers quickly purchase and build property and financing is obtained for long-term stabilization...If you want to get a full essay, order it on our website: Orderessay

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