Is This The Right Time For a Big Tax Cut?

Republicans say the tax-cutting overhaul being debated in Congress will jump-start the U.S. economy, leading to a lot more investment and hiring by companies. But some economists say the tax plans — which would sharply cut corporate and business taxes and eliminate numerous deductions for individuals — come at precisely the wrong time. Lower taxes could also be undercut by Federal Reserve policymakers, who are gradually raising interest rates, they say.
Read more: https://www.npr.org/2017/12/04/568392909/is-this-the-right-time-for-a-big-tax-cut?source=Snapzu