U S Investment Since the Tax Cuts and Jobs Act of 2017 is popular PDF and ePub book, written by Emanuel Kopp in 2019-05-31, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, U S Investment Since the Tax Cuts and Jobs Act of 2017 can be Read Online from any device for your convenience.
U S Investment Since the Tax Cuts and Jobs Act of 2017 Book PDF Summary
There is no consensus on how strongly the Tax Cuts and Jobs Act (TCJA) has stimulated U.S. private fixed investment. Some argue that the business tax provisions spurred investment by cutting the cost of capital. Others see the TCJA primarily as a windfall for shareholders. We find that U.S. business investment since 2017 has grown strongly compared to pre-TCJA forecasts and that the overriding factor driving it has been the strength of expected aggregate demand. Investment has, so far, fallen short of predictions based on the postwar relation with tax cuts. Model simulations and firm-level data suggest that much of this weaker response reflects a lower sensitivity of investment to tax policy changes in the current environment of greater corporate market power. Economic policy uncertainty in 2018 played a relatively small role in dampening investment growth.
Detail Book of U S Investment Since the Tax Cuts and Jobs Act of 2017 PDF
- Author : Emanuel Kopp
- Release : 31 May 2019
- Publisher : International Monetary Fund
- ISBN : 9781498317757
- Genre : Business & Economics
- Total Page : 37 pages
- Language : English
- PDF File Size : 20,8 Mb
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