Federal Tax Cuts Won't Boost Worker's Wages — Here's Why

Monday, May 21, 2018
Capitol Hill

A new working paper co-authored by Professor Juan Carlos Suárez Serrato finds that state corporate tax cuts do not boost workers' wages; rather, they lead to increased income inequality. These state-level trends do not bode well for the new federal tax cuts, write Suárez Serrato and Ethan Rouen.