IFN in the news

Tax cut’s effects not certain

2017-09-16 AP/USA Today and 170 further media

Trump insists that slashing the corporate tax rate from 35 percent to as low as 15 percent would free up valuable cash, wrote AP – a text published in numerous media outlets. The author is refering to research by Alexander Ljungvist, NYU and affiliated to IFN, suggesting that "state corporate tax cuts did little to strengthen economic activity unless the cuts were made during a recession".

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