SA Sentiment: Is lowering taxes a good idea for the economy?

(2min)
The word tax surrounded by puzzle pieces with dollar bill money.

cagkansayin/iStock via Getty Images

President-elect Donald Trump has pledged to lower personal and corporate taxes, with tariffs making up for lost federal revenue, but only time will tell how his plans could affect the wider economy.

Concerns over inflationary pressures already drove a selloff

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