The Joint Committee on Taxation’s Voodoo Economics
By Daniel J. Mitchell
The Wall Street Journal has an excellent editorial this morning on the obscure — but critically important — issue of measuring what happens to tax revenue in response to changes in tax policy. This is sometimes known as the dynamic scoring versus static scoring debate and sometimes referred to as the Laffer Curve controversy.
The key thing to understand [...]
Categories: Politics, Tax and Budget Policy |
Tags: Art Laffer, Double Taxation, Dynamic Scoring, Government and Politics, incentives, Income tax, JCT, Joint Committee on Taxation, laffer curve, marginal tax rates, Revenue Estimates, Static Scoring, Supply-side economics, tax rates, taxation | 
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