Lakhota
Diamond Member
Which tax cuts stimulate the economy? | Tax Break
Almost all of the stimulative effect of tax cuts, Zidar found, results from tax cuts for the bottom 90 percent. A one percent of GDP tax cut for the bottom 90 percent results in 2.7 percentage points of GDP growth over a two-year period. The corresponding estimate for the top 10 percent is 0.13 percentage points and is insignificant statistically.
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