Nicholas Li

George Washington University

2121 I Street NW

Washington, DC 20052

United States

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The (In)effectiveness of Targeted Payroll Tax Reductions

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The (In)effectiveness of Targeted Payroll Tax Reductions

NBER Working Paper No. w34437

Number of pages: 62 Posted: 05 Nov 2025

Alessandra Fenizia, Nicholas Li and Luca Citino

UC Berkeley, Department of Economics, George Washington University and Bank of Italy

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