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Sweeping US tax reform package draws mixed reactions
Bill passed by a slim margin by the Republican-controlled Senate sparks fierce debate among economists
One of the proposal's main boosters, Treasury Secretary Steven Mnuchin, recently touted a letter from nine economists who asserted that the first comprehensive tax overhaul in three decades would lift annual GDP growth by 0.3 per cent over 10 years.
PHOTO: AFP
New York
IS IT a giveaway to the rich or a relief for the middle class? A boon for business or unnecessary stimulus for an economy already at full employment?
The sweeping tax reform package adopted by a slim margin of 51-49 early Saturday by the Republican-controlled Senate has...
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