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The tax credit's relatively small compared to the economy as a whole, if you want to call the checks a tax policy, yes I think that did contribute to inflation.
– American Enterprise Institute.Jason Furman
Found on CNN 3 years ago
It's bizarre. The tax changes the Democrats are proposing are tax increases so if anything, you'd think that would reduce inflation, in general you think tax cuts are inflationary and tax increases are you know deflationary, so I think it's sort of strange because I think Republicans aren't trying to accuse Democrats of being big tax cutters but if you think taxes are causing inflation it's like you're accusing the Democrats of cutting taxes by too much.
– American Enterprise Institute.Jason Furman
Found on CNN 3 years ago
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