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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (61131)	4/23/2008 3:17:06 PM
From: Steve Lokness	Respond to of 543605

Sam; This strikes me as intuitively so obvious that I cannot for the life of me understand why people don't just get it. I agree. But watch the Kudlow show for one day to see how bizarre their thinking is. steve

To: Sam who wrote (61131)	4/23/2008 4:10:05 PM
From: HPilot	Respond to of 543605

I suspect that the article is stretching the truth. Many tax cuts do indeed cost more even when studying behaviour. For example a change in sales tax will not do much to change behaviour unless so large it causes people to either avoid that county or state, or to move or make a shopping trip. Dropping the capital gains tax made more revenue than the cost because people who had been holding shares decided to sell, but after a while that dried up. So apparently the point was well founded, doing dynamic analysis is a good thing.