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Agreed, tax policy overall is just an ineffective lever for growth. It may help on the margins (tax break to build a factory, tax break on electric cars, tax in
by 40acres 8y ago
Agreed, tax policy overall is just an ineffective lever for growth. It may help on the margins (tax break to build a factory, tax break on electric cars, tax increase to fund national health and education programs) but it doesn't spur the fundamental earth shaking innovation that advanced economies need to grow at a clip above 2-3%.