Seven Reasons for Saving the Tax Cut


 

Publication Date: April 1983

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

Author(s): Thomas M. Humbert

Research Area: Banking and finance; Economics

Keywords: Taxes

Type: Report

Abstract:

The budget can be balanced only through vigorous economic growth, coupled with spending reductions. The July cut promises to spur the economy into a robust and sustained recovery that will help generate more revenues to balance the budget. The recovery has already been launched successfully; it is no time to hange the flight plan.