US Economists Optimistic: Trump Tax Cuts May Be Extended
In a recent report published by the National Association for Business Economists (NABE), US economists have become more optimistic about the country's future economic development. The main reason for this optimism is the potential extension of tax cuts introduced by former President Donald Trump. Experts believe that such measures could significantly impact economic stability and growth.
According to the NABE survey, many economists are confident that the tax reforms implemented in 2017 provided a substantial reduction in tax burdens for businesses and individuals. This, in turn, has increased investment activity and stimulated consumer spending, which is crucial for economic growth.
Despite existing risks associated with inflation and global economic changes, experts note that the time has come for positive dynamics. More than 70% of respondents in the NABE survey expressed expectations for accelerated economic growth in the coming months. Additionally, they expressed confidence that extending tax cuts could lead to the creation of new jobs and enhanced business activity.
Thus, the extension of Trump’s tax cuts appears to be an important step in maintaining the stabilization of the American economy, which, in turn, creates hopes for positive changes in employment and investment.
In the context of upcoming elections and discussions on new economic measures, economists emphasize the importance of discussing tax policy. There is an opinion that extending the existing tax cuts will promote the further development of both small and large enterprises in the country, which is one of the key factors for confident and sustainable economic growth.
Despite existing risks, economists remain optimistic about the future and hope for the continuation of tax reform as a means of stimulating economic development in the US.
