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IMPA-Corporate-Tax-Brief-FINAL - Assessibility Checked.pdf (264.11 kB)

New Macroeconomic Model Shows TCJA Corporate Tax Cuts were Harmful to the Economy in both Aggregate and Distributional Terms

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posted on 2023-12-07, 19:27 authored by Lidia Brun Carrasco, Ignacio Gonzalez GarciaIgnacio Gonzalez Garcia, Juan MontecinoJuan Montecino

This brief explains IMPA’s analysis of the corporate tax cuts in the Tax Cuts and Jobs Act (TCJA). IMPA’s analysis accurately predicts the growth in investment, output, jobs, and wages that followed its enactment.

Funding

Rockefeller Foundation Grant #2022 EEO 052

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Institute for Macroeconomic and Policy Analysis

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1

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    Institute for Macroeconomic & Policy Analysis (IMPA)

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    Keywords

    Tax Cuts and Jobs Actcorporate taxesUnited Statesmonopolywealth inequalityincome inequalityinvestmentemploymentwages

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    In Copyright

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