IMF Paper Finds Mixed Results in Investment Since TCJA

International Monetary Fund

U.S. business investment has grown since the Tax Cuts and Jobs Act but has fallen short of projections, with data indicating that “lower sensitivity of investment to tax policy changes in the current environment of greater corporate market power” is a major reason, according to a May report by the International Monetary Fund.

<p>U.S. business investment has grown since the Tax Cuts and Jobs Act but has fallen short of projections, with data indicating that “lower sensitivity of investment to tax policy changes in the current environment of greater corporate market power” is a major reason, according to a May report by the International Monetary Fund.</p>