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The Great US Tax Debate

ROBERT J. BARRO vs. JASON FURMAN & LAWRENCE H. SUMMERS on the impact of the GOP tax  overhaul.

Featured in this Big Picture

  1. Robert J. BarroRobert J. Barro
  2. Jason FurmanJason Furman
  3. Lawrence H. SummersLawrence H. Summers

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Senate Majority Leader Mitch McConnell Chip Somodevilla/Getty Images

How US Corporate-Tax Reform Will Boost Growth

Robert J. Barro
  • In the United States, congressional Republicans are finalizing a tax-reform package that will reshape the business environment by lowering the corporate-tax rate and overhaul deductions. 

  • But will the tax package provide the boost to investment and growth that its backers promise?
predicts that the Republicans’ final tax package will provide a substantial economic stimulus over ten years.

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