If Congress passed a one-time tax cut in order to stimulate the economy in 2014, and tax rate levels returned to their pre-tax 2014 level in 2015, how should this tax cut affect the economy?

This tax cut is an example of an expansionary fiscal policy. It would lead to an increase in the disposable income of the consumers. As a result, the consumption spending will increase. The aggregate demand will increase. The increase in aggregate demand would further cause an increase in output and employment. In this way, the tax cut will be helpful in boosting the economy.

If Congress passed a​ one-time tax cut in order to stimulate the economy in​ 2014, and tax rate levels returned to their​ pre-tax 2014 level in​ 2015, how should this tax cut affect the​ economy?

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If Congress passed a one-time tax cut in order to stimulate the economy in 2014, and tax rate levels returned to their pre-tax 2014 level in 2015, how should this tax cut affect the economy?