TY - JOUR
T1 - Tax cuts and ”middle-class” workers
AU - Berisha, Edmond
N1 - Publisher Copyright:
© 2019 Economic Society of Australia, Queensland
PY - 2020/3
Y1 - 2020/3
N2 - The supporters of the new tax plan, the Tax Cuts and Jobs Act, have suggested that the benefits will primarily go to workers through higher wages. In this article, I examine the impact Romer and Romer (2010) exogenous tax changes have on median weekly earnings. The findings suggest that the direct impact of lower taxes on median weekly earnings is not statistically significant. Nevertheless, the results suggest that deficit-driven tax increases contribute to lower median weekly earnings.
AB - The supporters of the new tax plan, the Tax Cuts and Jobs Act, have suggested that the benefits will primarily go to workers through higher wages. In this article, I examine the impact Romer and Romer (2010) exogenous tax changes have on median weekly earnings. The findings suggest that the direct impact of lower taxes on median weekly earnings is not statistically significant. Nevertheless, the results suggest that deficit-driven tax increases contribute to lower median weekly earnings.
UR - http://www.scopus.com/inward/record.url?scp=85074361498&partnerID=8YFLogxK
U2 - 10.1016/j.eap.2019.10.004
DO - 10.1016/j.eap.2019.10.004
M3 - Article
AN - SCOPUS:85074361498
SN - 0313-5926
VL - 65
SP - 276
EP - 281
JO - Economic Analysis and Policy
JF - Economic Analysis and Policy
ER -