A Strategy for Growth

Studies | Economy

No. 170
Thursday, January 02, 1992
by Gary Robbins and Aldona Robbins

As the U.S. economy languishes at the start of an election year, leaders in both political parties are proposing tax relief as a remedy. Ill-conceived tax cuts, however, would do nothing to help the economy and would further increase the federal deficit. Fortunately, there is a better way. By selectively reducing taxes on capital and labor, we can stimulate the economy and reduce the deficit at the same time. This pro-growth strategy focuses on three types of tax measures.

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