by Dan Mitchell | Jul 8, 2015 | Blogs, Economics, Health Care
I’m a long-time advocate of “dynamic scoring,” which means I want the Congressional Budget Office and Joint Committee on Taxation to inform policy makers about how fiscal policy changes can impact overall economic performance and therefore generate “feedback” effects....
by Dan Mitchell | Feb 12, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation
I’ve written several times about the importance of appointing sensible people to head the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT). Heck, making reforms to these Capitol Hill bureaucracies is a basic competency test for Republicans....
by Dan Mitchell | Jan 4, 2015 | Blogs, Economics, Laffer Curve, Taxation
Since I’m a big advocate of the Laffer Curve, that means I favor dynamic scoring. This is the common-sense observation that you can’t figure out the effect of tax changes on revenue without first estimating the impact on taxable income. And I’ve shared some very...
by Dan Mitchell | Nov 14, 2011 | Blogs, Economics, Flat Tax, Laffer Curve, Taxation
Alan Blinder has a distinguished resume. He’s a professor at Princeton and he served as Vice Chairman of the Federal Reserve. So I was interested to see he authored an attack on the flat tax – and I was happy after I read his column. Why? Well, because his arguments...
by Dan Mitchell | Nov 6, 2011 | Blogs, Economics, Laffer Curve, Taxation
One of my frustrating missions in life is to educate policy makers on the Laffer Curve. This means teaching folks on the left that tax policy affects incentives to earn and report taxable income. As such, I try to explain, this means it is wrong to assume a simplistic...