Do tax cuts really spur growth? It depends on the details

Donald Trump's plans to induce stronger economic growth by cutting taxes won't necessarily work

If your tax rate were lowered tomorrow, how would it affect your work habits?

Maybe you would work harder — put in longer hours, take on special projects, do everything you can to get that next promotion. After all, lower taxes would mean you get to keep more of each dollar you earn.

Or maybe you would work less. After all, if you are happy with your current standard of living, lower taxes would mean that you could maintain it while putting in fewer hours at the office. Who needs that promotion when you’re able to keep more of the