$16 Billion Economic Gain by Eliminating the Margins Tax?

TPPF looks at the economic impact of eliminating the margins tax without replacing it with another tax. The economic impact of eliminating the margins tax is:

• In the 1st year, a gain of $10.8 billion in personal income
• In 5 years, a gain of $16 billion in personal income
• In 5 years, an addition of 129,200 jobs
   

  ​NFIB also studied the economic impact of if the  margins tax had never been enacted, and found:

  • Texas would have gained 16,000 in 5 years.

  TPPF