Table 1

Economic multipliers of various policy options

Policy Multiplier
Estate and gift tax increase 0.00
Upper-income tax rate increase 0.25
Corporate tax rate increase 0.32
Middle-income tax rate increase 0.35
Capital gains and dividends tax rate increase 0.39
Low-income tax rate increase 0.69
Payroll tax increase 1.25
Sequestration 1.40
Discretionary budget cut 1.40
Unemployment insurance cut 1.52
Food assistance (SNAP) cut 1.70

Source: Zandi (2011), Bivens and Fieldhouse (2012)

Copy the code below to embed this chart on your website.

Previous chart: «

Next chart: »