Diamond and Viard (2008) estimate the effects of a variety of deficit-financed tax cuts, concluding that even when the tax cuts do raise the size of the economy in the long-term, they nonetheless often lower the welfare of members of future generations.
Diamond and Viard (2008) estimate the effects of a variety of deficit-financed tax cuts, concluding that even when the tax cuts do raise the size of the economy in the long-term, they nonetheless often lower the welfare of members of future generations.