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tackling_the_tax_code_-_evaluating_fairness_efficiency_and_potential_to_spur.pdf
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🔗 Source: taxpolicycenter.org
📊 Size: 817 KB
📄 Pages: 31 pages
⬇️ Downloads: 56

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William Gale, Miller Chair at the Brookings Institution, testifies before the House Select Committee on Economic Disparity and Fairness in Growth, stating that tax cuts, especially for high-income households, have minimal impact on economic growth. He suggests alternative policies to reduce economic disparities, such as taxing capital gains at death, eliminating the section 199A deduction, and increasing IRS funding. Gale argues that tax cuts can have both positive and negative effects on growth, and their impact is an empirical question. He reviews various approaches to analyzing tax changes, including historical data, cross-country analysis, and studies of major tax changes, concluding that evidence does not support the idea that tax cuts significantly boost economic growth.

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William Gale, Miller Chair at the Brookings Institution, testifies before the House Select Committee on Economic Disparity and Fairness in Growth, stating that...

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  • File Format: PDF
  • File Size: 817 KB
  • Pages: 31
  • Language: EN
  • Total Downloads: 56
  • Last Updated: 3 months ago

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