The EPI issue brief A perfect match: Coupling tax fairness with job creation for a stronger economy calculated the national and state-by-state jobs impact of implementing a set of tax fairness proposals outlined in the Congressional Progressive Caucus’s Budget for All and dedicating the revenue to increased national infrastructure investment. It found that the four tax fairness policies would together create roughly 1.3 million jobs in fiscal 2013 and over 1.8 million jobs each year between fiscal 2014 and 2017 (Pollack 2012).
Similarly, this issue brief analyzes the employment impact of coupling job creating infrastructure investments with the Buffett Rule. Implementing the most widely supported legislation to apply the Buffett Rule, the Paying a Fair Share Act of 2012, would raise about $60 billion over the next five years and nearly $163 billion over a decade (Barthold 2012). This issue brief finds that adopting this tax provision and using the revenue to invest in the nation’s crumbling infrastructure would create about 43,000 jobs in 2013 and roughly 95,000 jobs per year from 2014 through 2017.
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