Mitchell is running for public office. Everyone tells him taxes are too high and they need to be cut. What would be a consequence of cutting all collected taxes?
There would not be any money for private schools
People would shop less since goods would be expensive
There would not be funding for public services
Businesses would shut down since consumer spending would decline
What would be a consequence of cutting all collected taxes?
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The correct answer is: There would not be funding for public services.
Explanation: Taxes are a primary source of revenue for governments to fund public services like education, healthcare, infrastructure, and public safety. Cutting all collected taxes would lead to a significant decrease in funding for these essential services, which could adversely affect the community’s well-being and quality of life.