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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (66516)	4/13/2018 10:48:14 AM
From: combjelly	Respond to of 362468

You do the best you can do, and it easy enough to correlate tax cuts with thei economic consequences. It is not so easy to do, actually. If a range of models are offered, then the most optimistic is going to be chosen for political reasons. Again, Kansas is a great example. The projection chosen assumed that the tax cuts would affect the state equally in all income groups. But in reality, a boost from tax cuts doesn't operate that way. The lower the income, the greater the boost. The higher the income, the less effective a tax cut is until it makes little or no economic difference for the highest incomes. Which are also the greatest beneficiaries of virtually all tax cuts. But dynamic scoring models almost never take that into account. The CBO fought against dynamic scoring for years because of the difficulties over the models. But, the Republicans in Congress managed to push their will through.