Download ~ Issues in Analyzing the Macroeconomic Effects of Tax Policy. ~ by National Tax Journal ~ eBook PDF Kindle ePub Free
eBook details
- Title: Issues in Analyzing the Macroeconomic Effects of Tax Policy.
- Author : National Tax Journal
- Release Date : January 01, 2003
- Genre: Business & Personal Finance,Books,
- Pages : * pages
- Size : 287 KB
Description
INTRODUCTION This paper provides a description of issues that are important in determining the macroeconomic effects of tax policy changes. The theoretical issues in modeling the effects of tax policy on economic growth are the same as the theoretical issues involved generally in macroeconomic modeling. Tax policy can affect both the long-run capacity of the economy, and short-run fluctuations in aggregate demand. These two types of effects are typically analyzed with different types of economic models. Forecasting the magnitude of these effects requires numerous assumptions about individuals' and firms' reactions to changes in their after-tax income.
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