Why do govts raise interest rates to slow the economy instead of tax rises? 747 viewsJanuary 1, 2024 Question100.55K June 23, 2023 0 Comments With interest rate rises, the people in the most debt suffer the most. With tax rises, the highest paid suffer the most, and the govt has extra revenue to help the ones struggling the most. This is never considered by any govt. Why not? In: 1129 29 Answers ActiveNewestOldest Anonymous Posted June 23, 2023 0 Comments Good god. Can you imagine the government telling people they needed to slow the economy, and their plan was to take your next paycheck? You are viewing 1 out of 29 answers, click here to view all answers. Register or Login
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