Macroeconomic Analysis of Various Proposals to Provide $500 Billion in Tax Relief

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Macroeconomic Analysis of Various Proposals to Provide $500 Billion in Tax Relief - United States Congress Joint

OCLC Number: 58460398 Excerpt: ... B. Overview of Macroeconomic Effects For all of the policies considered, the reduction in tax rates results in higher after-tax income, which stimulates consumer demand. But the extent of the stimulus depends on whether there are offsetting monetary or fiscal policy changes. The Federal Reserve Board may offset ... Read More

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