The New York Times Agency May 2010
EN_00918769_0483
(NYT52) NEW YORK -- March 25, 2008 -- SUPPLY-SIDE-ECON -- Harvard economist Martin Feldstein in New York in February 2008. Feldstein, who was the first chairman of President Reagan's Council of Economic Advisers and now supports Senator John McCain (R-Ariz.), estimates that a 10 percent tax cut would in fact reduce tax revenue -- but only by 3 to 5 percent. "It is not that you get more revenue by lowering tax rates, it is that you don't lose as much," he said. Supply side economics, as it was called -- first with derision but then as a label embraced by its supporters -- has become a central tenet of Republican political and economic thinking. The big supply side tax cuts of the 1980s and the 2000s did not work as advertised, but the concept has reappeared in the election campaign, in an amended form. (Joe Fornabaio/The New York Times)
CENA MINIMALNA - 100 USD
2000-04-13
EAST NEWS
The New York Times Agency
JOE FORNABAIO /The New York Times/Redux
nyt15286767
0,67MB
17cm x 25cm przy 300dpi
10, 2008, 25, 3, 5, A, ADVERTISED, ADVISERS, AMENDED, AN, AND, AS, BECOME, BIG, BUT, BY, CALLED, CAMPAIGN, CENTRAL, CHAIRMAN, CONCEPT, COUNCIL, CUT, CUTS, DERISION, DID, DON, ECON, ECONOMIC, ECONOMICS, ECONOMIST, ELECTION, EMBRACED, ESTIMATES, FACT, FEBRUARY, FELDSTEIN, FIRST, FORM, FORNABAIO, GET, HARVARD, HAS, HE, IN, IS, IT, ITS, JOE, JOHN, LABEL, LOSE, LOWERING, MARCH, MARTIN, MCCAIN, MORE, MUCH, NEW, NOT, NOW, NYT52, OF, ONLY, PERCENT, POLITICAL, PRESIDENT, R-ARIZ, RATES, REAGAN, REAPPEARED, REDUCE, REDUX, REPUBLICAN, REVENUE, SAID, SENATOR, SIDE, SUPPLY, SUPPORTERS, SUPPORTS, TAX, TENET, THAT, THE, THEN, THINKING, TIMES, TO, WAS, WHO, WITH, WORK, WOULD, YORK, YOU,