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Substantial Slowdown in Business Investment Under Obama Tax Plan

Created on December 14, 2012

Substantial Slowdown in Business Investment Under Obama Tax Plan

The Obama tax plan 2013 would lower business investment by hundreds of billions of dollars each year through 2022.

Avg.: –$13.1 billion

Avg.: –$43.1 billion

Avg.: –$126.3 billion

CHART 2

CHANGE IN PRIVATE FIXED RESIDENTIAL INVESTMENT, EQUIPMENT AND STRUCTURES

CHANGE IN PRIVATE FIXED NONRESIDENTIAL INVESTMENT

CHANGE IN GROSS PRIVATE DOMESTIC INVESTMENT

In Billions of Dollars, Not Adjusted for Inflation

Source: Heritage Foundation calculations using data from the IHS Global Insight 2012 November Short-Term U.S. Macroeconomic Model.

B 2752

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