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Podcast: How the Tax Cuts Could Stymie Economic Growth

Budget Tracker Extra, Episode 38

A stack of the current income tax regulations sits on the dais during a House Ways and Means Committee markup of the Republicans' tax reform plan titled the Tax Cuts and Jobs Act, in Longworth Building on November 6, 2017. (Photo By Tom Williams/CQ Roll Call)
A stack of the current income tax regulations sits on the dais during a House Ways and Means Committee markup of the Republicans' tax reform plan titled the Tax Cuts and Jobs Act, in Longworth Building on November 6, 2017. (Photo By Tom Williams/CQ Roll Call)
By David Lerman and Paul M. Krawzak
Posted November 13, 2017 at 10:57am

The Republican writers of the tax overhaul say that lowering taxes on corporations and others would spur economic growth even if the cuts produce a deficit. CQ’s budget guru Paul M. Krawzak explains how the opposite could occur.

 

Show Notes: