I. 🍃Introduction
- Explanation of the topic
- Purpose of the outline

II. Cut in Income Tax Rates
- Potential increase in the incentive to work
- Increase in disposable income
- Increase in financial reward from working
- Reduction in tax evasion

III. Cut in Corporation Tax
- Potential increase in the incentive for firms to increase output
- Increase in the total value of profits that can be taxed

IV. Cut in Indirect Taxes
- Potential increase in spending
- Raising expenditure that can be taxed

V. 👉Conclusion
- Summary of the main points
- Implications of the tax cuts
- Potential drawbacks and limitations