The Simple Economics of Pro-Growth Tax Reform
In contrast to the current federal tax code, a pro-growth tax policy would minimize the tax distortions to the incentives guiding individual decisions.
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In contrast to the current federal tax code, a pro-growth tax policy would minimize the tax distortions to the incentives guiding individual decisions.
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The fiscal cliff can be avoided. The key to avoiding this and future fiscal calamities is reform of the mandatory spending programs, from welfare to Social Security, that currently drive federal deficits.