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27 September, 01:13

Under a contractionary taxation policy, the government tries to improve its finances by

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  1. 27 September, 01:21
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    Governments engage in contractionary taxation policy by raising taxes or reducing government spending. In their crudest form, these policies are designed to siphon money out of the private economy in the hopes of slowing down unsustainable production or lowering asset prices.
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