Household Behavior and the Tax Reform Act of 1986
分析1986年税收改革法案如何影响家庭的工作和储蓄行为，回应了里根总统关于高税率抑制经济增长的观点。
President Reagan's May 1985 letter to Congress, accompanying his tax reform proposal, argued that the existing tax system hindered economic growth because “most Americans labor under excessively high tax rates that discourage work and cut drastically into savings.” This paper analyzes how the Tax Reform Act of 1986 affects these aspects of household behavior.