tag:blogger.com,1999:blog-6297413898275266606.post3006148217631073400..comments2024-03-08T21:24:41.954+08:00Comments on Economics Malaysia: Fiscal Stimulus Exit Strategyhishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6297413898275266606.post-51120692792509145712010-03-11T15:04:25.979+08:002010-03-11T15:04:25.979+08:00If you read through the article I linked, note tha...If you read through the article I linked, note that the authors explicitly segregated the effects of tax-funded consolidation and expenditure-cutback related consolidation.<br /><br />The higher growth trajectory only occurs with the latter i.e. a tax cut followed by an expected tax increase won't have the growth premium they calculated, which is what we will effectively get with the income hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-24159787491051456162010-03-11T09:43:33.799+08:002010-03-11T09:43:33.799+08:00The government cut the tax rate by 1%. Don't y...The government cut the tax rate by 1%. Don't you think it's a good idea because this eventually will lead to a increase in domestic consumption. When the GST kick in somewhere in 2011, then the gov revenue will get on the track back. Just a thought.Samhttps://www.blogger.com/profile/14468358269638235679noreply@blogger.com