Barron’s: “The Tax Bill Could Add to the Deficit—and to Stock Gains”
By datatrekresearch in IN THE NEWS
Excerpt from Barron's quoting DataTrek's Nick Colas:
...."Still, DataTrek Research Co-founder Nicholas Colas writes the discussion about taxes and tariffs misses the mark. Using data going back nearly a century he found that economic growth is the most reliable way to increase tax receipts.
‘If American policymakers want to decrease the US budget deficit in a real and meaningful way, they should therefore focus on getting more people into the workforce and helping them be more productive. Ultimately, those are the only factors that drive GDP growth, and therefore tax receipts, over the long term"....
Full article here on Barron's.
