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Business, 05.11.2020 18:30 augustxnicki

Blinder and Zandi estimated multipliers for different kinds of tax cuts. They estimate that the multiplier for the Earned Income Tax Credit, a program for low-wage workers, is 1.24, while the multiplier for an across-the-board tax cut for all tax payers is 1.02. Why do you think the across-the-board tax cut has a lower multiplier?

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