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Who Benefits From Corporate Tax Cut?

Who Benefits From Corporate Tax Cut?

In advocating for a corporate tax cut, Treasury Secretary Steve Mnuchin overstates the consensus when he says “most economists believe that over 70 percent of corporate taxes are paid for by the workers.”

Double-Counting Growth

Double-Counting Growth

The president’s budget counts on economic growth to reach a balance, but his tax cut plan also relies on that growth to remain revenue-neutral. Tax and budget experts say that’s double-counting the same money.