What are the trade-offs of implementing long-term tax policies to stimulate economic growth?

• A. Lower taxes can stimulate growth but may lead to budget deficits if not balanced with spending cuts.
• B. Lower taxes always lead to budget surpluses, stimulating growth without any trade-offs.
• C. Higher taxes always stimulate growth without any trade-offs.
• D. There are no trade-offs involved in implementing long-term tax policies.

Answer: (A)