The Joint Economic Committee will hold a hearing on, “How the Taxation of Labor and Transfer Payments Affect Growth and Employment,” on Wednesday, May 16,  2012, at 2:00 p.m., in room G-50 of the Dirksen Senate Office Building. Vice Chairman Kevin Brady will be presiding.

The following persons are scheduled to testify:

• Andrew G. Biggs, Ph.D., Resident Scholar at the American Enterprise Institute.
• Simon Johnson, Ph.D., Ronald A. Kurtz Professor of Entrepreneurship at the Sloan School of Management at the Massachusetts Institute of Technology.
• Richard Rogerson, Ph.D., Professor of Economics and Public Affairs at Princeton University.