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The effects of corporate tax cuts on income inequality and revenue
’s economic record is mixed: supporters point to tax cuts, deregulation, low unemployment pre‑pandemic and rising markets, while critics highlight large deficits, higher national debt and uneven gains...
The (TCJA) delivered broadly larger dollar cuts to higher-income households and corporations while producing only modest percentage gains for low- and middle-income families; nonpartisan analysts foun...
The core difference between under and is not a large divergence in headline growth rates but in the mix: Biden’s expansion leaned more heavily on post‑pandemic consumer spending and government support...
Independent economists and major forecasting shops generally project that growth under a -style mix of tax cuts plus tariffs would deliver modest near-term gains for profits and investment but slower,...
After the 2017 Tax Cuts and Jobs Act (TCJA) corporate effective tax rates fell sharply and many firms reported sharply higher after‑tax profits, while investment rose but in uneven, smaller‑than‑promi...