Dynamic Estimates of the Macroeconomic Effects of the House Republican Tax Reform Blueprint
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A numerical simulation of the macroeconomic effects of the House Republican Tax Reform plan, using the Diamond-Zodrow model, suggests that its net macroeconomic effects would be positive, with an increase in GDP of 1.8 percent 10 years after the enactment of reform and 3.3 percent in the long run.
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Diamond, John W. and Zodrow, George R.. "Dynamic Estimates of the Macroeconomic Effects of the House Republican Tax Reform Blueprint." (2018) James A. Baker III Institute for Public Policy: https://www.bakerinstitute.org/research/dynamic-estimates-macroeconomic-effects-house-republican-tax-reform-blueprint/.