September 2014 - Brookings

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Effects of Income Tax Changes on Economic Growth William G. Gale, The Brookings Institution and Tax Policy CenterAndrew A. Samwick, Dartmouth College and National Bureau of Economic ResearchSeptember 2014The authors thank Fernando Saltiel, Bryant Renaud, and Aaron Krupkin for research assistance and Leonard Burman, Douglas Hamilton, Diane Lim, Donald Marron, Eric Toder, and Kevin Wu for helpful comments. This publication was made possible by a grant from the Peter G. Peterson Foundation. The statements made here and views expressed are solely those of the authors. AbstractThis paper examines how changes to the individual income tax affect long-term economic growth.

Jun 09, 2016 · Reforms that improve incentives, reduce existing subsidies, avoid windfall gains, and avoid deficit financing will have more auspicious effects on …

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