Found 79 article(s) for author 'Martin Feldstein'

The House GOP’s Good Tax Trade-Off

The House GOP’s Good Tax Trade-Off. Martin Feldstein, January 5, 2017, Opinion, “Taxes are one of life’s certainties, and this year so is business tax reform. The tax plan developed by the House Republicans is similar in many ways to President-elect Trump’s plan but has one additional favorable feature—a border tax adjustment that exempts exports and taxes imports. This would give the U.S. the benefit that other countries…Link

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The Destructive Power of Inflation

The Destructive Power of Inflation. Martin Feldstein, December 22, 2016, Opinion, “When I was in Argentina last week, I was reminded of the devastating power of high inflation. Argentina’s annual inflation rate is now about 20%, down from an estimated rate of about 40% last year. The central bank is struggling to keep the economy on a disinflationary path, with a goal of achieving a 5% rate three years from now.Link

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Squaring Trumponomics With Reality

Squaring Trumponomics With Reality. Martin Feldstein, November 4, 2016, Opinion, “President-elect Donald Trump will soon be working with Republican majorities in the House and Senate to reshape tax and spending laws to increase economic growth, raise living standards and protect America’s economic future. His challenge will be to do this in a way that is fiscally responsible as well as consistent with his campaign goals.Link

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What Could Go Wrong in America?

What Could Go Wrong in America? Martin Feldstein, October 16, 2016, Opinion, “Although the United States economy is in good shape – with essentially full employment and an inflation rate close to 2% – a world of uncertainty makes it worthwhile to consider what could go wrong in the year ahead. After all, if the US economy runs into serious trouble, there will be adverse consequences for Europe, Japan, and many other countries.Link

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How Scary is Disruptive Technology?

How Scary is Disruptive Technology? Martin Feldstein, September 28, 2016, Opinion, “The steady stream of improvements in driverless cars has convinced me that before too long the roads will be filled with cars and trucks operating without humans at the wheel. Likewise, I am convinced that the revolution in artificial intelligence will allow computers and robots to do many of the tasks that white-collar workers now do.Link

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Reforms to Spark Economic Growth

Reforms to Spark Economic Growth. Martin Feldstein, September 13, 2016, Video, “Harvard University Professor Martin Feldstein discusses the prospect for stimulus spending in a Donald Trump presidency and examines the state of the U.S. economy, with a focus on debt-to-GDP, productivity, and the reforms he sees as essential for economic growth. He speaks on “Bloomberg ‹GO›.”Link

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Harvard’s Martin Feldstein: Labor Market Remains Tight

Harvard’s Martin Feldstein: Labor Market Remains Tight. Martin Feldstein, August 4, 2016, Opinion, “Former Reagan Economic Advisor and current George F. Baker Professor of Economics at Harvard University Martin Feldstein weighed in on concerns about the deficit and the state of the U.S. economy and job market.” Link

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Would Reducing the US Corporate Tax Rate Increase Employment in the United States?

Would Reducing the US Corporate Tax Rate Increase Employment in the United States? Martin Feldstein, 2016, Book Chapter. “Reducing the corporate tax rate and changing the rules for taxing the foreign earnings of US corporations would have many favorable effects, including an increase of employment in the United States.  First, a brief description of the current corporate tax arrangements. The federal government now imposes a statutory tax rate on corporate profits of 35 percent, the highest tax rate among all the industrial countries of the world. In addition, the individual states levy corporate tax rates that average 9 percent. Since that state tax is a deductible expense in calculating income subject to the federal corporate tax, the combined tax rate is approximately 40 percent.Link

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Where the Fed Will Be When the Next Downturn Comes

Where the Fed Will Be When the Next Downturn Comes. Martin Feldstein, July 5, 2016, Opinion, “Testifying before the Senate on June 21, Federal Reserve Chair Janet Yellen said the chances of the U.S. economy sliding into recession this year are “quite low.” I agree. But the Fed still faces the difficult problem of what to do when the next downturn occurs if interest rates are still extremely low.Link

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