A tale of two taxpayers: the effects of the Economic Recovery and Tax Act of 1981

Pressman, Steven
December 1986
Journal of Post Keynesian Economics;Winter86/87, Vol. 9 Issue 2, p226
Academic Journal
Comments on the impact of the Economic Recovery and Tax Act of 1981 on taxpayers in the United States. Large budget deficits that followed the tax cuts; Arguments by supply-side economists of why the cuts did not provide earning incentives for the very wealthy; Prohibitive range of the Laffer curve.


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