…distribution, income growth is 188% faster during Democratic administrations (2.1% average annual growth compared with 0.7% growth during Republican administrations). Table 4 Table 4, shows income growth since 1980. Again…

…in 2023, or 21% of health care spending, increasing 8.1% following 6.4% growth in 2022. “This faster growth was driven by a turnaround in traditional fee-for-service spending growth (from a…

…I’m setting up a simple model of growth as follows: Growth in Real GDP, t to t+1 = B0 + B1*Top Marginal Tax Rate, t + B2*Top Marginal Tax Rate…

…of incentives for regional governors in a growth tournament being judged by the central government. These governments face a choice of long term growth-enhancing infrastructure investment versus short-term consumption spending….

…tax burden did not lead to faster growth. In fact, the data shows that, contrary to theory, real economic growth tends to be slower following cuts in the tax burden…

by Mike Kimel Top Marginal Tax Rates and Real Economic Growth, Part 1 This post looks at the relationship between the top marginal income tax bracket and growth in real…

Authored by Mike Kimel In this post, I will explain the annualized growth rate in real GDP per capita using tax rates and the percentage of the population that is…

…rate. Yet, that was labeled as a GROWTH RECESSION. In Obama’s second term, after the recession and economic recovery, his economic expansion averaged 2.4% growth, or essentially the same growth…

…claims. Consumption Grows at a 2.5 Percent Rate, Led by a 4.0 Percent Growth Rate for Services Strong growth in consumption was the biggest factor in first quarter GDP growth,…

…India sees the fastest rate of growth among large economies. The Inflation Reduction Act’s tax credits will continue to boost growth in the United States, while competitive auctions and corporate power…