"You'd think from the debate raging in Washington that taxes are the key to economic growth. They aren't. In the long run, innovation matters way more, and that depends on inspiration, experimentation, and luck, not tax law changes. Two of (the president's) appointees have prioritized reducing regulatory hurdles to private investment as a way of boosting innovation. The efforts merit more attention at a time when the growth debate is focused on steep, deficit financed tax cuts."
Author: Greg Ip
Source: The Wall Street Journal (Saturday, October 26, 2017 Issue)
Article Title: Why Innovation Tops Tax Cuts