16-06-2025
Trump economist outlines case for business tax cuts, as GOP weighs bill
A top Trump administration official and two other economists released a paper on Monday outlining how business tax cuts boost economic investment as congressional Republicans debate the extent of these policies in their tax legislation.
In a paper for the National Bureau of Economic Research, White House National Economic Council Director Kevin Hassett argues he has found that business tax cuts from the GOP's 2017 tax law generated larger increases in investment than previously known, even years after the legislation's enactment.