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The Conversation USA

Why tax cuts make us less happy

  • Written by Michael Krassa, Chair, Human Dimensions of Environmental Systems and Professor Emeritus of Political Science, University of Illinois at Urbana-Champaign
imageWhy so grim? Oh, tax cuts. AP Photo/Pablo Martinez Monsivais

Republicans recently announced their tax plan and are hoping to turn it into law before Thanksgiving. While details are in flux, it would likely eliminate the estate tax, lower the top marginal rate and slash corporate rates, producing, in sum, what the president has dubbed a “gigan...

Read more: Why tax cuts make us less happy

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