ilmscore | US GDP and Employment (Corporate Tax Increase) Predictions
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A 28% corporate tax rate in the US could lead to a 0.7% reduction in GDP ($160 billion), marginal declines in stocks and wages, and the loss of 138,000 full-time jobs. Over 10 years, this could result in a $720 billion GDP decline.
"a Tax Foundation analysis found that a 28 corporate tax rate would reduce GDP by 0.7 percent or 160 ..."
Apr 5, 2023
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