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The Economics of STAMPSTAMP
is a computer program designed to provide the user with the ability
to perform tax policy “simulations”– analyses of
how hypothetical tax changes will affect the state economy. A typical
run of the model will answer questions such as, “How will a
change in the top state personal income tax rate affect employment
in the state? How will it affect employment in the construction
sector? In the sector that manufactures industrial machinery and
equipment? How will a change in the corporate income tax rate affect
capital spending in the transportation sector? In retail trade?" STAMP is available to state governments, research institutes and other entities and persons doing research on state tax policy. The Beacon Hill Institute for Public Policy Research, housed in the Department of Economics at Suffolk University in Boston, Massachusetts is ready to build a STAMP model tailored to the issues important to your state. |
