Should the US streamline its tax system? Analysis on an endogenous growth model

What is it about?

We performed an analysis of the tax system in the USA. We argue that simplifying the tax system towards a consumption-tax based system and or eliminating double taxation of dividends would be growth and welfare improving in the US.

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Why is it important?

This contribution is important as it consider tax reforms without any effect on public deficits. We call them deficit-neutral policies reforms.