… tax policy affect the economy in the U.S. I mean, it has big effects over time. It's really not something that drives what we do. It isn't. But I think Tax policy plays, over the long run a huge role in incentivizing investment, which helps growth. and things like That I think it's very, very important over the long run. Certainly more important than monetary policy. Would a $4 trillion tax increase on middle class Americans affect the economy? (02:46–02:53)
CLAIM
Asserts that tax policy significantly influences investment and economic growth over the long term.
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