STEPS TO WRITE ESSAY 💡MAIN POINTS💡OVERVIEW

I. Introduction
A. Background information on income tax reduction and recession
B. Thesis statement

II. Reasons why a reduction in income tax might end a recession
A. Increase in disposable income
B. Increase in consumer expenditure
C. Increase in investment
D. Increase in total demand
E. Increase in employment
F. Raise in GDP

III. Reasons why a reduction in income tax might not end a recession
A. Lack of confidence
B. Increase in savings
C. More sales from stocks/inventory
D. Workers may work fewer hours
E. Increase in imports
F. Delay in spending due to falling prices
G. Reduction in tax revenue and government spending

IV. Analysis of the table
A. Explanation of each reason
B. Comparison of the reasons for and against income tax reduction

V. Conclusion
A. Restate thesis statement
B. Summary of the reasons for and against income tax reduction
C. Final thoughts on the effectiveness of income tax reduction in ending a recession.