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New Macroeconomic Model Shows TCJA Corporate Tax Cut was Harmful to the Economy in both Aggregate and Distributional Terms

This brief explains IMPA’s analysis of the corporate tax cuts in the Tax Cuts and Jobs Act (TCJA). IMPA’s analysis accurately predicts the growth in investment, output, jobs, and wages that followed its enactment.

This paper builds on the work from IMPA’s series on corporate tax policy. Check our publications page for the latest reports and analysis from IMPA.

For media coverage of IMPA’s analysis, check our In The News page.