Website posts salaries of Pennsylvania teachers donna fisher / the morning call Pa. has released the salaries of all public school teachers working in the state.  (donna fisher / the morning call)
Definition: Tax cuts are changes that reduce the amount paid under the law to government revenue. The taxes cut are on income, profits, sales, or assets. Tax cuts occur in many different forms. They are a one-time rebate, a reduction in the overall rate, or a tax credit.
Effect of Tax Cuts. As a general rule, tax cuts increase aggregate demand, since less money paid to the tax authority means more money in the pockets of consumers. In more technical terms, tax cuts result in higher disposable income.ggregate demand is a function of how much money these players in the economy have to spend. This money is, in turn, a function of how much cash these entities and individuals take in, and to what extent they are willing and able to supplement this cash income by way of borrowing or reduce it by saving.