Economist’s Comments on H.R. 8333 and S. 1860 (The Kemp-Roth Bills)
journal contributionposted on 01.07.1981, 00:00 by Allan MeltzerAllan Meltzer
Five points seem to be critical for judging the economic effects. The principal merits of the Kemp-Roth bill are the effects on incentives; the principal problems arise from the effects on the deficit.