Download or read book Economic Growth Through Tax Cuts What s the Best Approach written by United States. Congress. Joint Economic Committee and published by . This book was released on 1999 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Growth Tax Cuts What s the Best Approach Hrg S Hrg 106 17 Joint Econ Com Cong of the U s 106th Cong written by and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book ECONOMIC GROWTH THROUGH TAX CUTS WHAT S THE BEST APPROACH HRG S HRG 106 17 JOINT ECON COM CONG OF THE U S 106TH CONG written by and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Expansionary Austerity New International Evidence written by Mr.Daniel Leigh and published by International Monetary Fund. This book was released on 2011-07-01 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.
Download or read book Supply Side Tax Cuts Monetary Restraint and Economic Growth written by Timothy P. Roth and published by . This book was released on 1983 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Growth Through Tax Cuts What s the Best Approach written by United States. Congress. Joint Economic Committee and published by . This book was released on 1999 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Cuts the Business Cycle and Economic Growth written by Marc Labonte and published by . This book was released on 2001 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: With reports of an economic downturn, support has been mounting for an additional tax cut this year to stimulate the economy. Regardless of the implications of tax levels and structure for equity, fairness, intergenerational debt burden, and the role and size of government, any tax reduction will affect the macroeconomy. In the short run, tax cuts that are funded through a reduced surplus increase aggregate demand and influence the business cycle if they are spent. If the economy is operating at full capacity, the boost in aggregate demand will quickly be dissipated through higher interest rates, inflation, and a larger trade deficit. If a tax cut is meant to prevent a recession by providing a short-term stimulus, its efficacy should be judged by how much spending (or dissaving) it generates. The efficacy of a tax cut that is meant to boost long-run growth should be judged by how much additional work, net saving, and investment it generates.
Download or read book Man Out written by Andrew L. Yarrow and published by Brookings Institution Press. This book was released on 2018-09-11 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The story of men who are hurting—and hurting America by their absence Man Out describes the millions of men on the sidelines of life in the United States. Many of them have been pushed out of the mainstream because of an economy and society where the odds are stacked against them; others have chosen to be on the outskirts of twenty-first-century America. These men are disconnected from work, personal relationships, family and children, and civic and community life. They may be angry at government, employers, women, and "the system" in general—and millions of them have done time in prison and have cast aside many social norms. Sadly, too many of these men are unsure what it means to be a man in contemporary society. Wives or partners reject them; children are estranged from them; and family, friends, and neighbors are embarrassed by them. Many have disappeared into a netherworld of drugs, alcohol, poor health, loneliness, misogyny, economic insecurity, online gaming, pornography, other off-the-grid corners of the internet, and a fantasy world of starting their own business or even writing the Great American novel. Most of the men described in this book are poorly educated, with low incomes and often with very few prospects for rewarding employment. They are also disproportionately found among millennials, those over 50, and African American men. Increasingly, however, these lost men are discovered even in tony suburbs and throughout the nation. It is a myth that men on the outer corners of society are only lower-middle-class white men dislocated by technology and globalization. Unlike those who primarily blame an unjust economy, government policies, or a culture sanctioning "laziness," Man Out explores the complex interplay between economics and culture. It rejects the politically charged dichotomy of seeing such men as either victims or culprits. These men are hurting, and in turn they are hurting families and hurting America. It is essential to address their problems. Man Out draws on a wide range of data and existing research as well as interviews with several hundred men, women, and a wide variety of economists and other social scientists, social service providers and physicians, and with employers, through a national online survey and in-depth fieldwork in several communities.
Download or read book Austerity written by Alberto Alesina and published by Princeton University Press. This book was released on 2020-12 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: A revealing look at austerity measures that succeed—and those that don't Fiscal austerity is hugely controversial. Opponents argue that it can trigger downward growth spirals and become self-defeating. Supporters argue that budget deficits have to be tackled aggressively at all times and at all costs. Bringing needed clarity to one of today's most challenging economic issues, three leading policy experts cut through the political noise to demonstrate that there is not one type of austerity but many. Austerity assesses the relative effectiveness of tax increases and spending cuts at reducing debt, shows that austerity is not necessarily the kiss of death for political careers as is often believed, and charts a sensible approach based on data analysis rather than ideology.
Download or read book Fiscal Policy and Long Term Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Download or read book Crs Report for Congress written by Marc Labonte and published by BiblioGov. This book was released on 2013-10 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: With uncertainty surrounding the economic outlook, support has been mounting for an additional tax cut this year to stimulate the economy. Regardless of the implications of tax levels and structure for equity, fairness, intergenerational debt burden, and the role and size of government, any tax reduction will affect the macroeconomy. This report is limited to analyzing these macroeconomic effects. Tax cuts have distinct short run and long run effects. Oftentimes, they are at odds with each other. In the short run, tax cuts that lead to a larger budget deficit increase aggregate demand and influence the business cycle if they are spent. If the economy has unused resources, then the tax cuts will likely raise growth in the short run. If the economy is operating at full capacity, most of the boost in aggregate demand would quickly be dissipated through higher interest rates, inflation, and a larger trade deficit. If a tax cut is meant to prevent a recession by providing a shortterm stimulus, its efficacy should be judged by how much spending (or dissaving) it generates. The efficacy of a tax cut that is meant to boost long-run growth should be judged by how much additional work, net saving, ...
Download or read book Tax Cuts and Rebates for Economic Stimulus written by Donald W. Kiefer and published by . This book was released on 1992 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Why are Stabilizations Delayed written by Alesina, Alberto and published by London, Ont. : University of Western Ontario, Political Economy Research Group. This book was released on 1990 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Best Way to Fix Our Economy written by Richard G. Lazar, PhD and published by eBookIt.com. This book was released on 2011-07 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Best Way to Fix Our Economy describes the basic problem of the USA economy in the early-21st century. It is how to restore, re-surge and re-build America. How? The solution is building great new innovative product industries that produce excellent products at good prices that sell in the USA and markets around the globe. They generate sustainable small businesses. That then produces steady jobs that provide income that keeps taxes down and enables sizable profit, incent investment, ROI, continuous R&D and superior products built at competitive prices and helps ensure sustainable industry growth. The book affords an accurate historical analysis of how America has driven its economy from being the primary product-producer in the world to a service-based economy. The authors describe the simple--not easy--roadmap back to the future to being a product-driven world force by using the Lazars' proven behavioral economic model that they call The Central Productive Processa [ to create a renewed productive society. The Lazars name 17 innovative product industries that will turn the economy around and restore the practice of true Capitalism in America instead of the personal interest (greed) and financial services system now in place masking as Capitalism. The Central Productive Processa [ is punctuated with realistic, logical and common sense notions crisply formulated over thirty-five years of "on-the-ground" experience. It is not a theoretical exercise for the reader. It works. Presidents Franklin D. Roosevelt and Dwight David Eisenhower are cited as two excellent examples of "AND THINKING" leaders who understood that a strong nation combines defense and human needs along with economic growth and human well-being. Their vision of a compassionate and strong American economy has been in decline in America for the last 30 years. While the clarion calls of Roosevelt and Eisenhower have been muffled in the USA, China heeded the call, exceeded all expectations and has grown into an economic power with product-driven national policies. Enhanced by thirty years of peace and neutrality, they have also improved the quality of life and expectations of its citizens. In this book the Lazars light the way to breathing new life into a new economy that is product-based, profitable, productive and progressive. This work is a renewed clarion call for warring ideological leaders and elected officials to work together to overcome their own weak performance and unwillingness to sacrifice their personal interests for the best interests of all Americans. The nation cries out for them to cease battling each other to the death. The country needs a "new response" to the lagging and weak economy. This book provides the right response for a new economy inherent in the American character. It is time for each and all of us to help our nation rediscover its greatness and ability to resolve internal conflicts with victorious actions. "Hope and optimism can only be founded on right thought and right action that people can see and feel."--Richard G. Lazar, PhD
Download or read book Brookings Papers on Economic Activity Spring 2017 written by Janice Eberly and published by Brookings Institution Press. This book was released on 2017-10-10 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.
Download or read book Surrender written by Michael Allen Meeropol and published by University of Michigan Press. This book was released on 2017-07-19 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Michael Meeropol argues that the ballooning of the federal budget deficit was not a serious problem in the 1980s, nor were the successful recent efforts to get it under control the basis for the prosperous economy of the mid-1990s. In this controversial book, the author provides a close look at what actually happened to the American economy during the years of the "Reagan Revolution" and reveals that the huge deficits had no negative effect on the economy. It was the other policies of the Reagan years--high interest rates to fight inflation, supply-side tax cuts, reductions in regulation, increased advantages for investors and the wealthy, the unraveling of the safety net for the poor--that were unsuccessful in generating more rapid growth and other economic improvements. Meeropol provides compelling evidence of the failure of the U.S. economy between 1990 and 1994 to generate rising incomes for most of the population or improvements in productivity. This caused, first, the electoral repudiation of President Bush in 1992, followed by a repudiation of President Clinton in the 1994 Congressional elections. The Clinton administration made a half-hearted attempt to reverse the Reagan Revolution in economic policy, but ultimately surrendered to the Republican Congressional majority in 1996 when Clinton promised to balance the budget by 2000 and signed the welfare reform bill. The rapid growth of the economy in 1997 caused surprisingly high government revenues, a dramatic fall in the federal budget deficit, and a brief euphoria evident in an almost uncontrollable stock market boom. Finally, Meeropol argues powerfully that the next recession, certain to come before the end of 1999, will turn the predicted path to budget balance and millennial prosperity into a painful joke on the hubris of public policymakers. Accessibly written as a work of recent history and public policy as much as economics, this book is intended for all Americans interested in issues of economic policy, especially the budget deficit and the Clinton versus Congress debates. No specialized training in economics is needed. "A wonderfully accessible discussion of contemporary American economic policy. Meeropol demonstrates that the Reagan-era policies of tax cuts and shredded safety nets, coupled with strident talk of balanced budgets, have been continued and even brought to fruition by the neo-liberal Clinton regime." --Frances Fox Piven, Graduate School, City University of New York Michael Meeropol is Chair and Professor of Economics, Western New England College.
Download or read book Taxes and the Economy written by Thomas L. Hungerford and published by . This book was released on 2012-10-21 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis of the top marginal tax rates, tax cuts and economic growth.
