Taxation and the Economy

Ackley Administration American average banks Barbara Ward bill billion boom boost budget Business Week businessmen capital cent Committee Congress consumers cost Council of Economic countries defense deficit demand democratic depression developed econ Economic Advisers economic growth economic policy economists effect excise tax expansion expenditures fact Federal Reserve Finance fiscal policy force forecasting full employment funds Gardner Ackley Government House ideas income tax industry inflation inflationary interest rates investment John Maynard Keynes Johnson Kennedy Keynes Keynes's Keynesian labor levies loans means ment monetary policy national debt nomic ortune period political President problem production profits prosperity raise recession reduce Reprinted by permission revenue rise savings Senate social spending stable stimulate tax cut tax increase tax reform taxation theory tion Treasury United wage-price wages Wall Street Journal Walter Heller World Report York Times Magazine