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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

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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.

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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