ABSTRACT
Tax reform are sometimes touted as having strong macro
economic growth effects. Using three approaches, we considered the impact of a
major tax reform a five percentage point cut in marginal tax rates on the
evidence of taxation and growth for a large sample of countries And finally we
have investment demand, productivity growth and long term growth rate. The
first approach is to examine the historical record of the U.S economy to
evaluate whether tax cuts have been associated with the U.s economic growth. The
second is to consider result suggest modest effects, on the order of 0.2 to 0.3
percentage point differences ri growth rates in response to a major tax reform.
Nevertheless, even such small effects can have a large cumulative impact on
living standard.
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AMADI, N (2021). Impact Of Taxation On Economic Growth Of A Nation. Repository.mouau.edu.ng: Retrieved Nov 25, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-taxation-on-economic-growth-of-a-nation-7-2
NNE, AMADI. "Impact Of Taxation On Economic Growth Of A Nation" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 13 Oct. 2021, https://repository.mouau.edu.ng/work/view/impact-of-taxation-on-economic-growth-of-a-nation-7-2. Accessed 25 Nov. 2024.
NNE, AMADI. "Impact Of Taxation On Economic Growth Of A Nation". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 13 Oct. 2021. Web. 25 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-taxation-on-economic-growth-of-a-nation-7-2 >.
NNE, AMADI. "Impact Of Taxation On Economic Growth Of A Nation" Repository.mouau.edu.ng (2021). Accessed 25 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-taxation-on-economic-growth-of-a-nation-7-2