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Why Tax Rate Reductions Are More Stimulative Than Rebates: Lessons from 2001 and 2003
Publication Date: January 2008
Publisher(s): Heritage Foundation (Washington, D.C.)
Author(s): Brian M. Riedl
Series: WebMemo
Topic: Economics (Economic policy, planning, and development)
Keywords: Economy; Tax cuts; growth; stimulus
Type: Brief
Coverage: United States
Abstract:
Lawmakers currently examining economic stimulus proposals should reject rebates in favor of tax rate reductions.