STRP

American University

Making the Case for Higher Taxes

Lead: Mary Eschelbach Hansen

Partner: Juan Antonio Montecino, Ignacio González, and Secil Akin of the Institute for Macroeconomic and Policy Analysis (IMPA) in the College of Arts and Sciences at American University

Keywords: Economic growth, Taxes, Government Revenue

Amount: $72795.00

Intellectual Property Status: Open Access

Award Date: 02/01/2025

End Date: 03/03/2026

ABSTRACT

This project by the Institute for Macroeconomic and Policy Analysis (IMPA) translates research on corporate taxation into actionable tools and policy evaluations. Challenging traditional critiques, the research shows that increasing corporate tax rates reduces inequality in income and wealth and generates significant government revenue without harming investment and economic growth. Through policy briefs, open-access code for its macroeconomic policy model, and public outreach, the project equips policymakers, professionals, and the public with evidence-based insights.