Quantitative analysis of the economic impact of American presidential candidates on China and the United States based on multiple regression model

Abstract

From the perspective of taxation, under the premise of whether to continue to implement the Tax Reduction and Employment Law, this paper discusses the impact of different tax policies on the economy of the United States and China after the two candidates are elected as the President of the United States. From the perspective of taxation, a multiple regression model is established to quantitatively analyze the influence of the two presidential candidates. Finally, the regression model is tested by significance test, heteroscedasticity test and multicollinearity test. Facts have proved that the model is highly rigorous and reasonable.