Attention Economy


Wednesday, August 30, 2017

Taxes, Fiscal Policies and the US Economy

It’s a Myth That Corporate Tax Cuts Mean More Jobs
Related report:

Taxes and Fiscal Policy
Robert Samuelson’s thought provoking piece:
“If we are to lower tax rates and simplify complex tax provisions, we must offset the revenue losses by plugging loopholes, raising other taxes or cutting spending. Under current policies, the Congressional Budget Office has projected $10 trillion in deficits from 2018 to 2027. Trump’s tax plan, including provisions that would raise revenue, would add an additional $3.5 trillion in deficits over a decade, estimates the nonpartisan Tax Policy Center (TPC).”

Related:
https://www.bloomberg.com/view/articles/2017-08-28/born-again-fiscal-hawks-turn-into-doves