A 1 percentage point reduction in tax rates increases investment by 4.7 percent of installed capital, increases payouts by 0.3 percent of sales, and decreases debt by 5.3 percent of total assets. (marginalrevolution.com)
Individuals on the lower end of the spectrum decreased their debt loads by the largest percentages. (debt.org)
For example, you could have inherited a lump sum and want to spend the money on decreasing your debts. (planetrating.com)