Different This Time? High Tax Burden Could Help End this Boom, as it Did Last Time
by Gary Robbins, Aldona Robbins on 03/01/2000
8 Pages
Press Release (03/01/2000)
Synopsis:
IPI's quarterly review and commentary of economic data, this issue covering the 4th quarter of 1999. This issue focuses on comparing the current and now-longest economic expansion in history with the second-longest--the 1960s. The current recovery is compared with the 1960s by a number of criteria. The conclusion is that the current recovery, while longer, has still not packed the punch of the recovery of the 1960s. And the current tax burden, much higher than that of the 1960s, is one factor that could potentially sink this current economic expansion.
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