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Details for article 9 of 11 found articles
| Title: |
Supply-side vs. demand-side tax cuts and U.S. economic growth, 1951-2004 |
| Author: |
Garfinkle, Norton |
| Appeared in: |
Critical review |
| Paging: | Volume 17 (2005) nr. 3-4 pages 427-448 |
| Year: |
2005 |
| Contents: |
Supply-side economists claim that a low top marginal income-tax rate accelerates investment, employment, and economic growth. But the economic literature cited to support the supply-side hypothesis provides little to no empirical support for it. And a more comprehensive empirical examination of key parameters of U.S. economic performance in the postwar period, undertaken here, shows no association between low top marginal income-tax rates and high real growth in investment, employment, or GDP. By contrast, the analysis yields strong evidence for the economic-growth benefits of a “demand-side” approach to taxation policy. |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 9 of 11 found articles
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