What’s the Most Potent Way to Stimulate the Economy?
by Gary Robbins, Aldona Robbins on 10/10/2001
8 Pages
Press Release (11/20/2002)
Synopsis:
Which changes in tax policy will have the strongest economic benefit per revenue dollar? Reducing tax rates on capital, such as cutting the capital gains tax rate or shortening depreciation lives, would have the biggest economic payoff. Repealing the alternative minimum tax (AMT) would also be potent, though other proposals such as payroll tax cuts would have much less “bang for the buck.”
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