Working Paper
Growth effects of a flat tax.
Abstract: A presentation of a quantitative general equilibrium model showing that a revenue-neutral flat tax can permanently boost per capita growth by 0.18 to 0.85 percentage point annually, and that the lower marginal tax rate and the full investment write-off are both important contributors to the increased growth.
Keywords: Flat-rate income tax; Taxation; economic conditions - United States;
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https://doi.org/10.26509/frbc-wp-199615
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1996
Number: 9615