Consider just three policies that are technically tax expenditures but serve the objective of promoting economic growth.
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The only way to balance the budget is with tax rate cuts, promoting booming economic growth, and restrained spending growth, enabling surging revenues from the growth to zoom past the spending.
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They were chosen because they have a fully developed economic model with a demonstrated ability to estimate the effects of rate cuts in promoting jobs and economic growth.
The other half of the increase (2.5 percent) should be spent to implement reforms required by accession to the TPP agreement and to build infrastructure needed for deregulation and liberalization, with the goal of promoting economic revitalization and growth.
They accomplished a great amount, such as spurring economic growth in the South and promoting biomedicine.
But before I do, I want to talk a little bit about the relationship between business and government in promoting economic growth.
They accomplished a great deal, spurring economic growth in the South, for instance, and promoting biomedicine.
These patents represent scientific advancements and ideas as well as hundreds of millions of dollars in revenue for the universities, who in turn invest in more development and innovation, promoting a cycle of economic growth.
Indeed, economic thinkers of the World War II era understood that free trade was a growth-enhancing gift for promoting economic individual specialization and cooperation among global producers, and that a lack of unfettered trade in the 1930s arguably gave us the horror that was World War II.
Recent economic research has supported the existence of a link by emphasising the role of human capital in promoting growth and innovation.
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