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Tax Policy NewsNov 16, 2017
Free exchange: What is the purpose of tax reform?
Print section Print Rubric:  There are better motivations for tax reform than boosting growth Print Headline:  The grow-nothings Print Fly Title:  Free exchange UK Only Article:  standard article Issue:  The army sidelines Robert Mugabe, Africa''s great dictator Fly Title:  Free exchange IF MAKING America great again is the aim, you could do worse than bring back the economic growth rates of the late 1990s. President Donald Trump''s team reckons that the Republican tax plan making its way through Congress will do just that. 'We are creating a model that creates economic growth in this country,' says Gary Cohn, the director of Mr Trump''s National Economic Council. Kevin Hassett, who runs the Council of Economic Advisers, reckons the bill should push growth above 4% per year. Such heights are not beyond the realm of possibility, but if America reaches them tax reform will have little to do with it. That is not because of the specifics of ...
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