By: Sue
In addition to claiming “job creation,” those who oppose restoring (NOT raising!) the high-income tax rates often claim that this will be a drag on demand. My intuition says this is not true and that...
View ArticleBy: Jared Bernstein
Lots of data on that. In fact, that’s the mechanism by which these types of tax changes have small multipliers. An economist named Jonathan Parker has good research on that, as I recall…maybe google...
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