Economist Keenan Falconer says he was not expecting the administration to introduce new tax measures at this time, arguing that the conventional approach in the aftermath of a crisis is to either reduce or remove some taxes to spur economic activity and accelerate growth. According to Falconer, by taking this approach the Government would pave the way for gross domestic product (GDP) growth and output that would result in a return to pre-crisis levels in the shortest possible time, allowing tax revenues to rebound. Read more