Substantial Slowdown in Business Investment Under Obama Tax Plan
Created on December 14, 2012
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
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.