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Christina Romer - Our estimates suggest that a tax...

Our estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant. (Christina Romer)

Our estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant.

Christina Romer

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effect increase next output significant tax three percent years gdp

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