Marginal Income Tax Rates, Economic Growth, and Primary Fiscal Deficits

Economic theory suggests that variations in marginal tax rates are more important for consumption and investment decisions than the average rates commonly studied. This article analyzes the aggregate implications of the statutory tax code, using a new times series on annual marginal tax rates, which...

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Veröffentlicht in:	Public finance review 2020-09, Vol.48 (5), p.676-705
Hauptverfasser:	Keinsley, Andrew, Wu, Shu
Format:	Artikel
Sprache:	eng
Schlagworte:	Deficits Economic growth Economic theory Expenditures Income taxes Tax rates Taxation
Online-Zugang:	Volltext
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