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Federal Official: Tax Reform Would Increase Growth, But Tax Cuts Wouldn't

from Washington Examiner

While an overhaul of the tax code would increase long-term economic growth, short-term tax cuts would not, a Federal Reserve official said. "I would hope that as a country, we're pursuing tax reform rather than a deficit-financed tax cut," Federal Reserve Bank of Minneapolis President Neel Kashkari said at a Rotary event in Minnesota. more

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