Suppose that you are a farmer or business owner in the 1920s. write a letter to your representatives in Congress about why tax cuts are a good or bad idea

The letter will illustrate the positive effects that tax cuts have in society.

Dear Congress,

The aim of writing this letter is to inform you about the importance of a tax cut. Tax cuts simply mean the reduction in the tax that an individual or firm is expected to pay.

Tax cut is important for the increase in disposable income for low-income earners. It will also lead to an increase in overall consumption and thereby stimulate the economy. Lastly, tax cuts boost the economy.

Yours faithfully,

John.

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The correct answer to this open question is the following.

I choose to be a business owner in the 1920s.

My letter would be this.

Dear Sir,

As a hard-working American citizen, I would like to ask you to reconsider the idea to impose new taxes on goods on American businesses.

As you know, we are living an economic reactivation in this time that has been given a proper name: "the roaring 1920s."

People are buying. They are using credit, but it is good for American businesses. We are hiring more people, creating jobs in the country. Consumers feel content with the quality products they are buying. SO everybody is winning.

It is not a good time for more taxation.

Let us continue with the creation of jobs, investing in the economy of our country.

Thank you very much for your attention.

Sincerely yours,

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