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TaxProf Blog – CBO: Tax Cuts Were Least Effective Stimulus in Recovery Act

From the TaxProf Blog:

CBO: Tax Cuts Were Least Effective Stimulus in Recovery Act

The Congressional Budget Office has released Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output From July 2010 Through September 2010 (Nov. 2010), which reports that the tax relief included in the Recovery Act had less of a stimulative impact than either government purchases or…

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