Government spending has a more significant impact on the economy than tax changes due to the spending multiplier effect. "Trickle-down economics" does not work. Tax cuts primarily benefit the wealthy.
SPRINGFIELD, Ill. — Adams County has been issued a final property tax equalization factor of 1.0000 for the 2025 tax year, which will impact tax bills paid in 2026. This indicates Adams County's ...
First-year multiplier estimates tend to fall in a 0.85–1.4 range for a general fiscal shock, 0.6–1.2 for aggregate spending, and about -0.2 for revenue. Granular multipliers suggest initially larger ...
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