How Tax Relief Can Stimulate Economic Growth

Publication Date: February 2009

Publisher: National Center for Policy Analysis (U.S.)

Author(s): Allison Hughey

Research Area: Banking and finance; Economics; Government

Keywords: estate tax; capital gains; stimulus; Tax cuts

Type: Brief

Coverage: United States

Abstract:

Congress is debating an economic stimulus package that would substantially increase federal spending, but may not speed recovery from the current recession. The Congressional Budget Office estimates that less than 40 percent of the proposed infrastructure spending in the stimulus bill will be spent within two years.