Why Tax Rate Reductions Are More Stimulative Than Rebates: Lessons from 2001 and 2003


 

Publication Date: January 2008

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Brian M. Riedl

Research Area: Economics

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.