A Pro-Growth Budget Strategy: Vision For The 1990s

Studies | Taxes

No. 154
Monday, October 01, 1990
by Gary Robbins and Aldona Robbins

As the U.S. economy falters on the eve of a serious recession, leaders in both political parties are proposing new taxes as a way to reduce the federal deficit. This strategy is self-defeating. The new taxes will make the recession deeper and longer and will lower our economic growth rate throughout the 1990s.

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