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the claim
Cutting taxes increases a country's gross domestic product.
the verdict
INSUFFICIENT LEANING
Recorded sources
2 sources for · 0 against
Is it true that cutting taxes increases a country's gross domestic product?
Unclear. One World Bank study of 28 developing countries reports that tax cuts raise GDP by 0.3-0.4 percent on impact and 0.8 percent long run, and one regional study finds local tax increases raise agricultural GDP in North Sumatra. Both cover only specific countries and sectors, not the general claim that cutting taxes increases a country's GDP.
Verdict: PARTIAL LEAN · 2 sources for, 0 against · Last checked
Evidence for · 2
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Malau, A. G., Afifuddin, S., Rahmanta, R., & Lubis, I. (2021). The Effect Of Labor Force, Investment, Labor Absorption On Gross Regional Domestic Products Of North Sumatra Province Agriculture. doi.org. https://doi.org/10.47194/ijgor.v2i4.114
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More for · 1
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Fiscal Policy and Debt Dynamics in Developing Countries. (2011). openknowledge.worldbank.org. https://doi.org/10.1596/1813-9450-5666
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