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Income tax cuts and the macroeconomy

By: Menon, Rahul.
Material type: materialTypeLabelBookPublisher: Economic & Political Weekly Description: 60(29), Jul 19, 2025: p.22-24. In: Economic & Political WeeklySummary: Exploring the possible impact of income tax cuts on the macroeconomy, it is shown that it is a suboptimal policy as compared to government expenditure. Furthermore, the contradiction between tax cuts on personal income and tax cuts on corporate profits announced in 2019 is examined; a contradiction that has not been analysed by those praising the government’s recent budgetary policies.- Reproduced https://www.epw.in/journal/2025/29/commentary/income-tax-cuts-and-macroeconomy.html
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Articles Articles Indian Institute of Public Administration
60(29), Jul 19, 2025: p.22-24 Available AR136972

Exploring the possible impact of income tax cuts on the macroeconomy, it is shown that it is a suboptimal policy as compared to government expenditure. Furthermore, the contradiction between tax cuts on personal income and tax cuts on corporate profits announced in 2019 is examined; a contradiction that has not been analysed by those praising the government’s recent budgetary policies.- Reproduced

https://www.epw.in/journal/2025/29/commentary/income-tax-cuts-and-macroeconomy.html

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