John Hussman: Did Iraq and Tax Cuts Weaken the Economy? [View article]
User 76715, IIRC, one of the big 4 accounting firms did a study of multiple countries which showed that supply side tax cuts work. But I can't remember if the study considered what is known in economics as the "crowding out effect" which simply means that the more money the Federal government takes in from increased tax revenues than the less money is left over for the private sector (to stimulate economic growth).
-
User 76715, IIRC, one of the big 4 accounting firms did a study of multiple countries which showed that supply side tax cuts work. But I can't remember if the study considered what is known in economics as the "crowding out effect" which simply means that the more money the Federal government takes in from increased tax revenues than the less money is left over for the private sector (to stimulate economic growth).
Jul 24 10:52 am
|Rating:
0
0
All Comments by Charlie Stromeyer Jr »John Hussman: Did Iraq and Tax Cuts Weaken the Economy? [View article]