Analysis Details Proposal’s Impact on Jobs, GDP, and Revenue … from the Tax Foundation
Earlier this week, presidential candidate Jeb Bush released his tax reform proposal that, among other things, seeks to reduce individual and corporate income tax rates, expand the Earned Income Tax Credit, and move to full expensing for all capital investment. In his Wall Street Journal op-ed, Bush argued that his tax plan, when taken together with his other policies, would lead to “sustained 4% economic growth.”
This morning, the Tax Foundation released an independent analysis of Jeb Bush’s tax proposal. The report summarizes the plan’s many components and details its impact on the U.S. economy.