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why were the tax rebates of 2001 considered more effective than the rebates of 2008? A-The...

why were the tax rebates of 2001 considered more effective than the rebates of 2008?

A-The rebates of 2001 arrived quicker and were spent quicker than the rebates of 2008.

B-The rebates of 2001 came at a time of greater economic decline than the rebates of 2008.

C-The rebates of 2008 were smaller than the rebates of 2001.

D-The rebates of 2001 were a result of a permanent change in tax rates.
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Answer #1

Both in 2001 and 2008 tax rebate came in the time of economic recession. 2001 tax rebate was advanced that is reducing the tax rate for the lowest tax bracket effective for all 2001 liabilities. 2001 tax rebate might have been seen as less temporary as this schedule lasted through 2010. 2008 tax rebate was comparatively temporary. So 2001 rebate was spent more instead of savings. The roughly $35 billion in rebate were distributed in 2001 and $95 billion in rebate were distributed in 2008.

Therefore option D is correct.

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