Long-term Macroeconomic Effects of the 2017 Corporate Tax Cuts
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This issue brief presents the results of a dynamic model similar in nature to the macroeconomic models used by the Congressional Budget Office and Joint Committee on Taxation in evaluating the Tax Cuts and Jobs Act of 2017. The model shows a modest decline in wealth inequality due to the corporate tax cuts in the TCJA.
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Barro, Jorge and Dayton, Anne. "Long-term Macroeconomic Effects of the 2017 Corporate Tax Cuts." Issue Brief, 06.01.18, (2018) James A. Baker III Institute for Public Policy: https://www.bakerinstitute.org/research/macroeconomic-effects-2017-corporate-tax-cuts/.