Tag Archives : Joint Committee on Taxation
A Primer on Growth, Politics, and Taxation
Supply-side is still very relevant.
read more...Why “Dynamic Scoring” Is Far More Accurate Than “Static Scoring”
New research shows why the fight for dynamic scoring is so important.
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The Left’s Position on the Laffer Curve and Dynamic Scoring: Being Exactly Wrong Is Better than Being Inexactly Right
A scorer admits the ideological, rather than scientific, reasoning used by CBO and JCT.
read more...Debunking the Debunking of Dynamic Scoring and the Laffer Curve
Matthew Yglesias mostly attacks strawmen in his attempting debunking of dynamic scoring.
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Proper Staffing and Reform of JCT and CBO Is an IQ Test for the Republican Party
CBO and JCT wield tremendous power. They are also dependable allies of the left.
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Another Victory for Good Fiscal Policy
Our lords and masters in Washington have taken a small step in the direction of recognizing the Laffer Curve. Here are some details from a Politico report. Here’s one Republican victory that went virtually unnoticed in the slew of budget votes last week: The Senate told the Congressional Budget Office it should give more credit […]
read more...The Joint Committee on Taxation’s Head-in-the-Sand Approach to the Laffer Curve
I’m a big believer in the Laffer Curve, which is the common-sense proposition that changes in tax rates don’t automatically mean proportional changes in tax revenue. This is because you also have to think about what happens to taxable income, which can move up or down in response to changes in tax policy. The key […]
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Alan Blinder’s Accidental Case for the Flat Tax
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 are rather weak. So anemic […]
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A Lesson on the Laffer Curve for Barack Obama
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 linear relationship between tax rates and […]
read more...The Laffer Curve Wins Again: Snooki 1 – IRS 0
The Laffer Curve is the simple notion that higher tax rates don’t necessarily generate as much loot as politicians expect because taxpayers have less incentive to earn and/or report income. And it works in both directions. Lower tax rates don’t lose as much revenue as politicians fear because better tax policy leads to more taxable […]
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