Friday , April 28 2017
Home / Mark Thoma / What Type of Tax Changes Boost Economic Growth?

What Type of Tax Changes Boost Economic Growth?

Summary:
Me, at MoneyWatch: Not just any kind of tax cut can boost economic growth: President Donald Trump promised last week he would unveil a “phenomenal” tax reform package in the next few weeks. Although no details were offered, Mr. Trump’s past statements suggest that his proposal will adhere to fairly standard supply-side principles. The idea behind supply-side policy is to encourage more investment, more labor effort and technological innovation through changes in the tax code and regulatory structure. Have these policies been successful in the past? Are some types of policies better than others at spurring economic growth? To answer those questions, it’s useful to put supply-side policies into broad categories...

Topics:
Mark Thoma considers the following as important: , ,

This could be interesting, too:

Mark Thoma writes Trade, Jobs, and Inequality (Video)

Tyler Cowen writes A Clark Award for economic history

Mark Thoma writes Do Sweatshops Lift Workers Out of Poverty?

Mark Thoma writes Yes, the Stock and Bond Markets Can Both Be Right

Me, at MoneyWatch:

Not just any kind of tax cut can boost economic growth: President Donald Trump promised last week he would unveil a “phenomenal” tax reform package in the next few weeks. Although no details were offered, Mr. Trump’s past statements suggest that his proposal will adhere to fairly standard supply-side principles.
The idea behind supply-side policy is to encourage more investment, more labor effort and technological innovation through changes in the tax code and regulatory structure.
Have these policies been successful in the past? Are some types of policies better than others at spurring economic growth? To answer those questions, it’s useful to put supply-side policies into broad categories...
0 0
Mark Thoma
Mark Allen Thoma (born December 15, 1956) is a macroeconomist and econometrician and a Professor of Economics at the Department of Economics of the University of Oregon. Thoma is best known as a regular columnist for The Fiscal Times through his blog "Economist's View", which Paul Krugman called "the best place by far to keep up with the latest in economic discourse", and as an analyst at CBS MoneyWatch. He is also a regular contributor to EconoMonitor.

Leave a Reply

Your email address will not be published. Required fields are marked *