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Stabilizing the Economy Through the Income Tax Code
Listokin, Yair
Listokin, Yair
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Abstract
With the stabilization goal resurgent, how should tax policy be changed? Because stabilization has faded as a policy goal, there is little recent analysis of that question. This article offers several recommendations for making the income tax code a better stabilizer of the economy. Some of the recommendations are new, while others represent the resurrection of proposals that were introduced when stabilization was considered a higher priority of tax policy.