Stephen S. Roach and Martin Feldstein Project Syndicate

DEBATE: Can America Afford to Cut Taxes?

The Republican tax plan now before Congress includes a massive cut in the corporate rate, which party leaders and Trump administration officials claim will be financed by much stronger growth. While most economists reject that view and project substantial increases in the budget deficit, the plan does have some prominent defenders.

Featured in this Big Picture

  1. Martin Feldstein Martin Feldstein
  2. Stephen S. Roach Stephen S. Roach
Income tax regulation books Tom Williams/Getty Images;

Handpicked to read next

We hope you're enjoying our PS content


To have unlimited access to our content including in-depth commentaries, book reviews, exclusive interviews, PS OnPoint and PS The Big Picture, please subscribe

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated cookie policy and privacy policy.