Tag: R42111

CRS Report R42729: Taxes and the Economy: An Economic Analysis of the Top Tax Rates Since 1945

CRS Report R42729: Taxes and the Economy: An Economic Analysis of the Top Tax Rates Since 1945

Advocates of lower tax rates argue that reduced rates would increase economic growth, increase saving and investment, and boost productivity (increase the economic pie). Proponents of higher tax rates argue that higher tax revenues are necessary for debt reduction, that tax rates on the rich are too low (i.e., they violate the Buffett rule), and […]

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